CombinedX AB (publ)

OM:CX Stock Report

Market Cap: SEK 692.6m

CombinedX Balance Sheet Health

Financial Health criteria checks 6/6

CombinedX has a total shareholder equity of SEK463.3M and total debt of SEK124.5M, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are SEK871.8M and SEK408.5M respectively. CombinedX's EBIT is SEK61.8M making its interest coverage ratio 9.7. It has cash and short-term investments of SEK75.2M.

Key information

26.87%

Debt to equity ratio

SEK 124.50m

Debt

Interest coverage ratio9.7x
CashSEK 75.20m
EquitySEK 463.30m
Total liabilitiesSEK 408.50m
Total assetsSEK 871.80m

Recent financial health updates

No updates

Recent updates

CombinedX's (STO:CX) Conservative Accounting Might Explain Soft Earnings

Jul 25
CombinedX's (STO:CX) Conservative Accounting Might Explain Soft Earnings

CombinedX AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Jul 19
CombinedX AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Returns On Capital Are Showing Encouraging Signs At CombinedX (STO:CX)

Jul 18
Returns On Capital Are Showing Encouraging Signs At CombinedX (STO:CX)

CombinedX AB (publ) Just Recorded A 19% EPS Beat: Here's What Analysts Are Forecasting Next

May 10
CombinedX AB (publ) Just Recorded A 19% EPS Beat: Here's What Analysts Are Forecasting Next

CombinedX (STO:CX) Is Reducing Its Dividend To SEK1.40

Apr 06
CombinedX (STO:CX) Is Reducing Its Dividend To SEK1.40

CombinedX AB (publ) Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Feb 18
CombinedX AB (publ) Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

CombinedX (STO:CX) Will Want To Turn Around Its Return Trends

Feb 14
CombinedX (STO:CX) Will Want To Turn Around Its Return Trends

CombinedX AB (publ) Just Missed EPS By 60%: Here's What Analysts Think Will Happen Next

Oct 30
CombinedX AB (publ) Just Missed EPS By 60%: Here's What Analysts Think Will Happen Next

CombinedX AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Jul 24
CombinedX AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Estimating The Intrinsic Value Of CombinedX AB (publ) (STO:CX)

Jul 20
Estimating The Intrinsic Value Of CombinedX AB (publ) (STO:CX)

CombinedX's (STO:CX) Solid Profits Have Weak Fundamentals

Apr 23
CombinedX's (STO:CX) Solid Profits Have Weak Fundamentals

CombinedX AB (publ) (STO:CX) Shares Fly 28% But Investors Aren't Buying For Growth

Feb 27
CombinedX AB (publ) (STO:CX) Shares Fly 28% But Investors Aren't Buying For Growth

News Flash: One Analyst Just Made A Captivating Upgrade To Their CombinedX AB (publ) (STO:CX) Forecasts

Feb 24
News Flash: One Analyst Just Made A Captivating Upgrade To Their CombinedX AB (publ) (STO:CX) Forecasts

There Are Reasons To Feel Uneasy About CombinedX's (STO:CX) Returns On Capital

Feb 08
There Are Reasons To Feel Uneasy About CombinedX's (STO:CX) Returns On Capital

Financial Position Analysis

Short Term Liabilities: CX's short term assets (SEK273.7M) exceed its short term liabilities (SEK253.8M).

Long Term Liabilities: CX's short term assets (SEK273.7M) exceed its long term liabilities (SEK154.7M).

Debt to Equity History and Analysis

Debt Level: CX's net debt to equity ratio (10.6%) is considered satisfactory.

Reducing Debt: CX's debt to equity ratio has reduced from 39.1% to 26.9% over the past 5 years.

Debt Coverage: CX's debt is well covered by operating cash flow (85.9%).

Interest Coverage: CX's interest payments on its debt are well covered by EBIT (9.7x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/16 01:42
End of Day Share Price 2025/09/16 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 2 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.

AnalystInstitution
Fredrik NilssonRedeye
Anton HoofRedeye