DevPort Balance Sheet Health
Financial Health criteria checks 6/6
DevPort has a total shareholder equity of SEK127.6M and total debt of SEK3.3M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are SEK283.4M and SEK155.8M respectively. DevPort's EBIT is SEK44.1M making its interest coverage ratio 196.2. It has cash and short-term investments of SEK41.9M.
Key information
2.6%
Debt to equity ratio
kr3.33m
Debt
| Interest coverage ratio | 196.2x |
| Cash | kr41.86m |
| Equity | kr127.63m |
| Total liabilities | kr155.81m |
| Total assets | kr283.44m |
Recent financial health updates
We Think DevPort (STO:DEVP B) Can Manage Its Debt With Ease
Mar 15
We Think DevPort (STO:DEVP B) Can Manage Its Debt With Ease
Oct 30We Think DevPort (STO:DEVP B) Can Stay On Top Of Its Debt
May 16Is DevPort (STO:DEVP B) Using Too Much Debt?
Feb 14
Recent updates
Investors Can Find Comfort In DevPort's (STO:DEVP B) Earnings Quality
Feb 13DevPort (STO:DEVP B) Knows How To Allocate Capital
Dec 02Returns On Capital Signal Tricky Times Ahead For DevPort (STO:DEVP B)
Aug 05DevPort (STO:DEVP B) Looks To Prolong Its Impressive Returns
May 05Estimating The Intrinsic Value Of DevPort AB (publ) (STO:DEVP B)
Sep 30We Think DevPort (STO:DEVP B) Can Manage Its Debt With Ease
Mar 15We Think DevPort (STO:DEVP B) Can Manage Its Debt With Ease
Oct 30Estimating The Intrinsic Value Of DevPort AB (publ) (STO:DEVP B)
Jun 06We Think DevPort (STO:DEVP B) Can Stay On Top Of Its Debt
May 16Are Insiders Buying DevPort AB (publ) (STO:DEVP B) Stock?
Mar 12Is DevPort (STO:DEVP B) Using Too Much Debt?
Feb 14Is DevPort AB (publ)'s (STO:DEVP B) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 18Is There More Growth In Store For DevPort's (STO:DEVP B) Returns On Capital?
Dec 23The Chairman of the Board of DevPort AB (publ) (STO:DEVP B), Per Rodert, Just Bought 1.7% More Shares
Nov 26Financial Position Analysis
Short Term Liabilities: DEVP B's short term assets (SEK227.1M) exceed its short term liabilities (SEK138.3M).
Long Term Liabilities: DEVP B's short term assets (SEK227.1M) exceed its long term liabilities (SEK17.5M).
Debt to Equity History and Analysis
Debt Level: DEVP B has more cash than its total debt.
Reducing Debt: DEVP B's debt to equity ratio has reduced from 18.4% to 2.6% over the past 5 years.
Debt Coverage: DEVP B's debt is well covered by operating cash flow (1345.1%).
Interest Coverage: DEVP B's interest payments on its debt are well covered by EBIT (196.2x coverage).