CombinedX Balance Sheet Health
Financial Health criteria checks 6/6
CombinedX has a total shareholder equity of SEK375.9M and total debt of SEK44.3M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are SEK633.3M and SEK257.4M respectively. CombinedX's EBIT is SEK79.2M making its interest coverage ratio 37.7. It has cash and short-term investments of SEK117.3M.
Key information
11.8%
Debt to equity ratio
kr44.30m
Debt
| Interest coverage ratio | 37.7x |
| Cash | kr117.30m |
| Equity | kr375.90m |
| Total liabilities | kr257.40m |
| Total assets | kr633.30m |
Recent financial health updates
No updates
Recent updates
CombinedX's (STO:CX) Solid Profits Have Weak Fundamentals
Apr 23
CombinedX 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 (SEK296.3M) exceed its short term liabilities (SEK191.4M).
Long Term Liabilities: CX's short term assets (SEK296.3M) exceed its long term liabilities (SEK66.0M).
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 22.2% to 11.8% over the past 5 years.
Debt Coverage: CX's debt is well covered by operating cash flow (183.7%).
Interest Coverage: CX's interest payments on its debt are well covered by EBIT (37.7x coverage).