Fortnox Balance Sheet Health
Financial Health criteria checks 6/6
Fortnox has a total shareholder equity of SEK2.2B and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK3.2B and SEK1.0B respectively. Fortnox's EBIT is SEK812.0M making its interest coverage ratio -67.7. It has cash and short-term investments of SEK660.0M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
Interest coverage ratio | -67.7x |
Cash | SEK 660.00m |
Equity | SEK 2.16b |
Total liabilities | SEK 1.04b |
Total assets | SEK 3.21b |
Recent financial health updates
Is Fortnox (STO:FNOX) A Risky Investment?
Nov 23These 4 Measures Indicate That Fortnox (STO:FNOX) Is Using Debt Safely
Aug 20Fortnox (STO:FNOX) Has A Rock Solid Balance Sheet
May 12Is Fortnox (STO:FNOX) Using Too Much Debt?
Jan 18Fortnox (STO:FNOX) Seems To Use Debt Rather Sparingly
Oct 16Fortnox (STO:FNOX) Could Easily Take On More Debt
Jul 02Recent updates
Is It Too Late To Consider Buying Fortnox AB (publ) (STO:FNOX)?
Nov 14Analyst Estimates: Here's What Brokers Think Of Fortnox AB (publ) (STO:FNOX) After Its Third-Quarter Report
Oct 27Fortnox AB (publ)'s (STO:FNOX) Earnings Haven't Escaped The Attention Of Investors
Jun 12Fortnox AB (publ) (STO:FNOX) Shares Could Be 27% Above Their Intrinsic Value Estimate
Apr 09Fortnox (STO:FNOX) Might Be Having Difficulty Using Its Capital Effectively
Mar 08Earnings Tell The Story For Fortnox AB (publ) (STO:FNOX) As Its Stock Soars 37%
Feb 19Fortnox AB (publ) Just Beat EPS By 10%: Here's What Analysts Think Will Happen Next
Feb 18With Fortnox AB (publ) (STO:FNOX) It Looks Like You'll Get What You Pay For
Jan 05When Should You Buy Fortnox AB (publ) (STO:FNOX)?
Dec 21Is Fortnox (STO:FNOX) A Risky Investment?
Nov 23Is Now The Time To Put Fortnox (STO:FNOX) On Your Watchlist?
Nov 09Calculating The Intrinsic Value Of Fortnox AB (publ) (STO:FNOX)
Oct 27Is There Now An Opportunity In Fortnox AB (publ) (STO:FNOX)?
Sep 17These 4 Measures Indicate That Fortnox (STO:FNOX) Is Using Debt Safely
Aug 20If EPS Growth Is Important To You, Fortnox (STO:FNOX) Presents An Opportunity
Aug 08At kr65.50, Is It Time To Put Fortnox AB (publ) (STO:FNOX) On Your Watch List?
Jun 09Fortnox (STO:FNOX) Has A Rock Solid Balance Sheet
May 12Do Fortnox's (STO:FNOX) Earnings Warrant Your Attention?
Apr 06Is Fortnox (STO:FNOX) Using Too Much Debt?
Jan 18Here's Why We Think Fortnox (STO:FNOX) Might Deserve Your Attention Today
Dec 16A Look At The Intrinsic Value Of Fortnox AB (publ) (STO:FNOX)
Dec 01What Does Fortnox AB (publ)'s (STO:FNOX) Share Price Indicate?
Oct 31Fortnox (STO:FNOX) Seems To Use Debt Rather Sparingly
Oct 16If EPS Growth Is Important To You, Fortnox (STO:FNOX) Presents An Opportunity
Sep 12Fortnox AB (publ) (STO:FNOX) Shares Could Be 26% Below Their Intrinsic Value Estimate
Aug 25Is Fortnox AB (publ) (STO:FNOX) Potentially Undervalued?
Jul 20Fortnox (STO:FNOX) Could Easily Take On More Debt
Jul 02Is There An Opportunity With Fortnox AB (publ)'s (STO:FNOX) 20% Undervaluation?
May 26Here's Why I Think Fortnox (STO:FNOX) Is An Interesting Stock
May 04At kr58.79, Is Fortnox AB (publ) (STO:FNOX) Worth Looking At Closely?
Apr 16Estimating The Fair Value Of Fortnox AB (publ) (NGM:FNOX)
Jan 13Here's Why I Think Fortnox (NGM:FNOX) Might Deserve Your Attention Today
Dec 21I Ran A Stock Scan For Earnings Growth And Fortnox (NGM:FNOX) Passed With Ease
Sep 16When Should You Buy Fortnox AB (NGM:FNOX)?
Jul 22Is Fortnox AB (NGM:FNOX) Worth kr390 Based On Its Intrinsic Value?
Jun 10Does Fortnox (NGM:FNOX) Deserve A Spot On Your Watchlist?
May 20Fortnox's (NGM:FNOX) Earnings Are Growing But Is There More To The Story?
Feb 18Financial Position Analysis
Short Term Liabilities: FNOX's short term assets (SEK1.9B) exceed its short term liabilities (SEK822.0M).
Long Term Liabilities: FNOX's short term assets (SEK1.9B) exceed its long term liabilities (SEK222.0M).
Debt to Equity History and Analysis
Debt Level: FNOX is debt free.
Reducing Debt: FNOX had no debt 5 years ago.
Debt Coverage: FNOX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FNOX has no debt, therefore coverage of interest payments is not a concern.