Advenica Balance Sheet Health
Financial Health criteria checks 6/6
Advenica has a total shareholder equity of SEK111.1M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK213.8M and SEK102.7M respectively. Advenica's EBIT is SEK20.7M making its interest coverage ratio 10.4. It has cash and short-term investments of SEK103.7M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | 10.4x |
| Cash | SEK 103.70m |
| Equity | SEK 111.06m |
| Total liabilities | SEK 102.74m |
| Total assets | SEK 213.80m |
Recent financial health updates
We Think Advenica (STO:ADVE) Can Easily Afford To Drive Business Growth
Jun 08
Advenica (STO:ADVE) Is Carrying A Fair Bit Of Debt
Jan 05Health Check: How Prudently Does Advenica (STO:ADVE) Use Debt?
Sep 13Advenica (STO:ADVE) Is In A Strong Position To Grow Its Business
Feb 21Recent updates
Advenica's (STO:ADVE) Solid Earnings Are Supported By Other Strong Factors
May 02Advenica AB (publ)'s (STO:ADVE) 32% Share Price Surge Not Quite Adding Up
Apr 27Returns On Capital Are Showing Encouraging Signs At Advenica (STO:ADVE)
Mar 24Advenica AB (publ) (STO:ADVE) Stock Rockets 42% As Investors Are Less Pessimistic Than Expected
Feb 25Here's Why Advenica (STO:ADVE) Has Caught The Eye Of Investors
Feb 15There's Reason For Concern Over Advenica AB (publ)'s (STO:ADVE) Massive 30% Price Jump
Jul 05We Think Advenica (STO:ADVE) Can Easily Afford To Drive Business Growth
Jun 08Advenica AB (publ)'s (STO:ADVE) 45% Share Price Surge Not Quite Adding Up
Mar 29Estimating The Intrinsic Value Of Advenica AB (publ) (STO:ADVE)
Feb 05Advenica AB (publ)'s (STO:ADVE) Popularity With Investors Is Under Threat From Overpricing
Nov 21Investors Will Want Advenica's (STO:ADVE) Growth In ROCE To Persist
Sep 20Robust Earnings May Not Tell The Whole Story For Advenica (STO:ADVE)
May 03A Look At The Fair Value Of Advenica AB (publ) (STO:ADVE)
Apr 27Advenica (STO:ADVE) Is Carrying A Fair Bit Of Debt
Jan 05Health Check: How Prudently Does Advenica (STO:ADVE) Use Debt?
Sep 13Advenica (STO:ADVE) Is In A Strong Position To Grow Its Business
Feb 21Financial Position Analysis
Short Term Liabilities: ADVE's short term assets (SEK171.9M) exceed its short term liabilities (SEK91.7M).
Long Term Liabilities: ADVE's short term assets (SEK171.9M) exceed its long term liabilities (SEK11.0M).
Debt to Equity History and Analysis
Debt Level: ADVE is debt free.
Reducing Debt: ADVE has no debt compared to 5 years ago when its debt to equity ratio was 34%.
Debt Coverage: ADVE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ADVE has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/19 14:45 |
| End of Day Share Price | 2025/05/19 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Advenica AB (publ) is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Fredrik Reuterhall | Redeye |