DevPort Balance Sheet Health
Financial Health criteria checks 6/6
DevPort has a total shareholder equity of SEK135.9M and total debt of SEK23.0M, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are SEK302.9M and SEK167.1M respectively. DevPort's EBIT is SEK42.4M making its interest coverage ratio -339.5. It has cash and short-term investments of SEK47.3M.
Key information
16.9%
Debt to equity ratio
kr23.00m
Debt
Interest coverage ratio | -339.5x |
Cash | kr47.27m |
Equity | kr135.85m |
Total liabilities | kr167.06m |
Total assets | kr302.91m |
Recent financial health updates
We 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 30We Think DevPort (STO:DEVP B) Can Stay On Top Of Its Debt
May 16Is DevPort (STO:DEVP B) Using Too Much Debt?
Feb 14Recent 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 (SEK228.7M) exceed its short term liabilities (SEK135.7M).
Long Term Liabilities: DEVP B's short term assets (SEK228.7M) exceed its long term liabilities (SEK31.4M).
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 47.5% to 16.9% over the past 5 years.
Debt Coverage: DEVP B's debt is well covered by operating cash flow (166.7%).
Interest Coverage: DEVP B earns more interest than it pays, so coverage of interest payments is not a concern.