CombinedX Balance Sheet Health
Financial Health criteria checks 6/6
CombinedX has a total shareholder equity of SEK405.1M and total debt of SEK65.0M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are SEK715.5M and SEK310.4M respectively. CombinedX's EBIT is SEK64.1M making its interest coverage ratio 6.1. It has cash and short-term investments of SEK92.8M.
Key information
16.0%
Debt to equity ratio
SEK 65.00m
Debt
| Interest coverage ratio | 6.1x |
| Cash | SEK 92.80m |
| Equity | SEK 405.10m |
| Total liabilities | SEK 310.40m |
| Total assets | SEK 715.50m |
Recent financial health updates
No updates
Recent updates
CombinedX AB (publ) Just Missed EPS By 60%: Here's What Analysts Think Will Happen Next
Oct 30
CombinedX 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 (SEK279.8M) exceed its short term liabilities (SEK208.3M).
Long Term Liabilities: CX's short term assets (SEK279.8M) exceed its long term liabilities (SEK102.1M).
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 59.6% to 16% over the past 5 years.
Debt Coverage: CX's debt is well covered by operating cash flow (155.7%).
Interest Coverage: CX's interest payments on its debt are well covered by EBIT (6.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 18:09 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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 here.
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 .
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 |