TagMaster Balance Sheet Health
Financial Health criteria checks 5/6
TagMaster has a total shareholder equity of SEK254.4M and total debt of SEK50.2M, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are SEK414.6M and SEK160.2M respectively. TagMaster's EBIT is SEK1.2M making its interest coverage ratio 0.2. It has cash and short-term investments of SEK48.5M.
Key information
19.7%
Debt to equity ratio
SEK 50.15m
Debt
| Interest coverage ratio | 0.2x |
| Cash | SEK 48.47m |
| Equity | SEK 254.41m |
| Total liabilities | SEK 160.18m |
| Total assets | SEK 414.59m |
Recent financial health updates
Here's Why TagMaster (STO:TAGM B) Can Manage Its Debt Responsibly
Oct 25
TagMaster (STO:TAGM B) Has A Pretty Healthy Balance Sheet
Nov 14We Think TagMaster (STO:TAGM B) Can Stay On Top Of Its Debt
Jun 05TagMaster (STO:TAGM B) Is Carrying A Fair Bit Of Debt
Jan 03Recent updates
TagMaster AB (publ)'s (STO:TAGM B) 26% Dip In Price Shows Sentiment Is Matching Revenues
Nov 02Here's Why TagMaster (STO:TAGM B) Can Manage Its Debt Responsibly
Oct 25We Like These Underlying Return On Capital Trends At TagMaster (STO:TAGM B)
Sep 02Market Cool On TagMaster AB (publ)'s (STO:TAGM B) Earnings
Jul 13TagMaster AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 28TagMaster's (STO:TAGM B) Shareholders Have More To Worry About Than Only Soft Earnings
Feb 09TagMaster AB (publ) (STO:TAGM B) Might Not Be As Mispriced As It Looks
Jan 03TagMaster (STO:TAGM B) Has A Pretty Healthy Balance Sheet
Nov 14Is It Too Late To Consider Buying TagMaster AB (publ) (STO:TAGM B)?
Aug 09We Think TagMaster (STO:TAGM B) Can Stay On Top Of Its Debt
Jun 05TagMaster's (STO:TAGM B) Performance Is Even Better Than Its Earnings Suggest
Apr 11TagMaster AB (publ) (STO:TAGM B) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Feb 09TagMaster (STO:TAGM B) Is Carrying A Fair Bit Of Debt
Jan 03How Much Are TagMaster AB (publ) (STO:TAGM B) Insiders Taking Off The Table?
Dec 08Financial Position Analysis
Short Term Liabilities: TAGM B's short term assets (SEK183.2M) exceed its short term liabilities (SEK106.4M).
Long Term Liabilities: TAGM B's short term assets (SEK183.2M) exceed its long term liabilities (SEK53.8M).
Debt to Equity History and Analysis
Debt Level: TAGM B's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: TAGM B's debt to equity ratio has reduced from 27.3% to 19.7% over the past 5 years.
Debt Coverage: TAGM B's debt is well covered by operating cash flow (101.6%).
Interest Coverage: TAGM B's interest payments on its debt are not well covered by EBIT (0.2x coverage).