CombinedX Balance Sheet Health
Financial Health criteria checks 6/6
CombinedX has a total shareholder equity of SEK424.5M and total debt of SEK58.7M, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are SEK742.1M and SEK317.6M respectively. CombinedX's EBIT is SEK58.8M making its interest coverage ratio 58.8. It has cash and short-term investments of SEK132.6M.
Key information
13.8%
Debt to equity ratio
SEK 58.70m
Debt
| Interest coverage ratio | 58.8x |
| Cash | SEK 132.60m |
| Equity | SEK 424.50m |
| Total liabilities | SEK 317.60m |
| Total assets | SEK 742.10m |
Recent financial health updates
No updates
Recent updates
CombinedX (STO:CX) Will Want To Turn Around Its Return Trends
Feb 14
CombinedX AB (publ) Just Missed EPS By 60%: Here's What Analysts Think Will Happen Next
Oct 30CombinedX AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Jul 24Estimating The Intrinsic Value Of CombinedX AB (publ) (STO:CX)
Jul 20CombinedX's (STO:CX) Solid Profits Have Weak Fundamentals
Apr 23CombinedX AB (publ) (STO:CX) Shares Fly 28% But Investors Aren't Buying For Growth
Feb 27News Flash: One Analyst Just Made A Captivating Upgrade To Their CombinedX AB (publ) (STO:CX) Forecasts
Feb 24There Are Reasons To Feel Uneasy About CombinedX's (STO:CX) Returns On Capital
Feb 08Financial Position Analysis
Short Term Liabilities: CX's short term assets (SEK299.8M) exceed its short term liabilities (SEK214.0M).
Long Term Liabilities: CX's short term assets (SEK299.8M) exceed its long term liabilities (SEK103.6M).
Debt to Equity History and Analysis
Debt Level: CX has more cash than its total debt.
Reducing Debt: CX's debt to equity ratio has reduced from 48.6% to 13.8% over the past 5 years.
Debt Coverage: CX's debt is well covered by operating cash flow (211.8%).
Interest Coverage: CX's interest payments on its debt are well covered by EBIT (58.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/15 17:38 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/12/31 |
| 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
CombinedX AB (publ) is covered by 1 analysts. 1 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 Nilsson | Redeye |