NOTE Balance Sheet Health
Financial Health criteria checks 6/6
NOTE has a total shareholder equity of SEK1.5B and total debt of SEK640.0M, which brings its debt-to-equity ratio to 42.7%. Its total assets and total liabilities are SEK3.4B and SEK1.9B respectively. NOTE's EBIT is SEK406.4M making its interest coverage ratio 10.2. It has cash and short-term investments of SEK288.0M.
Key information
42.7%
Debt to equity ratio
SEK 640.00m
Debt
| Interest coverage ratio | 10.2x |
| Cash | SEK 288.00m |
| Equity | SEK 1.50b |
| Total liabilities | SEK 1.87b |
| Total assets | SEK 3.37b |
Recent financial health updates
Is NOTE (STO:NOTE) Using Too Much Debt?
Feb 01
Is NOTE (STO:NOTE) Using Too Much Debt?
Jul 15NOTE (STO:NOTE) Has A Rock Solid Balance Sheet
Mar 29We Think NOTE (STO:NOTE) Can Stay On Top Of Its Debt
Dec 24Recent updates
Does NOTE (STO:NOTE) Deserve A Spot On Your Watchlist?
Mar 15Returns on Capital Paint A Bright Future For NOTE (STO:NOTE)
Jan 30Do NOTE's (STO:NOTE) Earnings Warrant Your Attention?
Dec 09Should You Be Adding NOTE (STO:NOTE) To Your Watchlist Today?
Oct 31Here's Why We Think NOTE (STO:NOTE) Might Deserve Your Attention Today
Jun 17Is NOTE (STO:NOTE) Using Too Much Debt?
Feb 01Capital Investments At NOTE (STO:NOTE) Point To A Promising Future
Sep 01Is Now The Time To Put NOTE (STO:NOTE) On Your Watchlist?
Aug 04Is NOTE (STO:NOTE) Using Too Much Debt?
Jul 15With EPS Growth And More, NOTE (STO:NOTE) Is Interesting
May 04The Trend Of High Returns At NOTE (STO:NOTE) Has Us Very Interested
Apr 12NOTE (STO:NOTE) Has A Rock Solid Balance Sheet
Mar 29What Kind Of Shareholders Hold The Majority In NOTE AB (publ)'s (STO:NOTE) Shares?
Mar 14Is NOTE AB (publ)'s(STO:NOTE) Recent Stock Performance Tethered To Its Strong Fundamentals?
Mar 01Shareholders of NOTE (STO:NOTE) Must Be Delighted With Their 631% Total Return
Feb 15
Who Has Been Selling NOTE AB (publ) (STO:NOTE) Shares?
Feb 02If You Like EPS Growth Then Check Out NOTE (STO:NOTE) Before It's Too Late
Jan 18Should You Be Excited About NOTE's (STO:NOTE) Returns On Capital?
Jan 05We Think NOTE (STO:NOTE) Can Stay On Top Of Its Debt
Dec 24What Type Of Shareholders Make Up NOTE AB (publ)'s (STO:NOTE) Share Registry?
Dec 12Will Weakness in NOTE AB (publ)'s (STO:NOTE) Stock Prove Temporary Given Strong Fundamentals?
Nov 30Financial Position Analysis
Short Term Liabilities: NOTE's short term assets (SEK2.5B) exceed its short term liabilities (SEK1.5B).
Long Term Liabilities: NOTE's short term assets (SEK2.5B) exceed its long term liabilities (SEK340.0M).
Debt to Equity History and Analysis
Debt Level: NOTE's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: NOTE's debt to equity ratio has reduced from 46.9% to 42.7% over the past 5 years.
Debt Coverage: NOTE's debt is well covered by operating cash flow (55.6%).
Interest Coverage: NOTE's interest payments on its debt are well covered by EBIT (10.2x coverage).