Alcadon Group Balance Sheet Health
Financial Health criteria checks 5/6
Alcadon Group has a total shareholder equity of SEK789.8M and total debt of SEK383.4M, which brings its debt-to-equity ratio to 48.5%. Its total assets and total liabilities are SEK1.7B and SEK923.9M respectively. Alcadon Group's EBIT is SEK77.6M making its interest coverage ratio 2.7. It has cash and short-term investments of SEK185.9M.
Key information
48.5%
Debt to equity ratio
kr383.40m
Debt
| Interest coverage ratio | 2.7x |
| Cash | kr185.90m |
| Equity | kr789.80m |
| Total liabilities | kr923.90m |
| Total assets | kr1.71b |
Recent financial health updates
We Think Alcadon Group (STO:ALCA) Is Taking Some Risk With Its Debt
Oct 28
Alcadon Group (STO:ALCA) Takes On Some Risk With Its Use Of Debt
Apr 28Alcadon Group (STO:ALCA) Could Easily Take On More Debt
Jun 24Alcadon Group (STO:ALCA) Seems To Use Debt Rather Sparingly
Feb 22We Think Alcadon Group (STO:ALCA) Can Stay On Top Of Its Debt
Jun 03Does Alcadon Group (STO:ALCA) Have A Healthy Balance Sheet?
Mar 04Recent updates
Here's What's Concerning About Alcadon Group's (STO:ALCA) Returns On Capital
Feb 24Not Many Are Piling Into Alcadon Group AB (publ) (STO:ALCA) Just Yet
Dec 20We Think Alcadon Group (STO:ALCA) Is Taking Some Risk With Its Debt
Oct 28Is Alcadon Group AB (publ) (STO:ALCA) Potentially Undervalued?
Aug 16Alcadon Group (STO:ALCA) Takes On Some Risk With Its Use Of Debt
Apr 28Alcadon Group (STO:ALCA) Could Easily Take On More Debt
Jun 24Do Alcadon Group's (STO:ALCA) Earnings Warrant Your Attention?
Apr 12When Should You Buy Alcadon Group AB (publ) (STO:ALCA)?
Mar 08Alcadon Group (STO:ALCA) Seems To Use Debt Rather Sparingly
Feb 22Is Now The Time To Look At Buying Alcadon Group AB (publ) (STO:ALCA)?
Nov 27At kr52.40, Is Alcadon Group AB (publ) (STO:ALCA) Worth Looking At Closely?
Aug 12We Think Alcadon Group (STO:ALCA) Can Stay On Top Of Its Debt
Jun 03When Should You Buy Alcadon Group AB (publ) (STO:ALCA)?
Apr 09Does Alcadon Group (STO:ALCA) Have A Healthy Balance Sheet?
Mar 04Have Insiders Been Buying Alcadon Group AB (publ) (STO:ALCA) Shares?
Feb 14Should You Use Alcadon Group's (STO:ALCA) Statutory Earnings To Analyse It?
Jan 31Is Now The Time To Look At Buying Alcadon Group AB (publ) (STO:ALCA)?
Dec 27Declining Stock and Decent Financials: Is The Market Wrong About Alcadon Group AB (publ) (STO:ALCA)?
Dec 12We Think Alcadon Group (STO:ALCA) Can Stay On Top Of Its Debt
Nov 26Financial Position Analysis
Short Term Liabilities: ALCA's short term assets (SEK793.2M) exceed its short term liabilities (SEK401.8M).
Long Term Liabilities: ALCA's short term assets (SEK793.2M) exceed its long term liabilities (SEK522.1M).
Debt to Equity History and Analysis
Debt Level: ALCA's net debt to equity ratio (25%) is considered satisfactory.
Reducing Debt: ALCA's debt to equity ratio has reduced from 76.4% to 48.5% over the past 5 years.
Debt Coverage: ALCA's debt is well covered by operating cash flow (33.6%).
Interest Coverage: ALCA's interest payments on its debt are not well covered by EBIT (2.7x coverage).