TagMaster Balance Sheet Health
Financial Health criteria checks 4/6
TagMaster has a total shareholder equity of SEK271.1M and total debt of SEK64.2M, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are SEK447.2M and SEK176.1M respectively. TagMaster's EBIT is SEK14.2M making its interest coverage ratio 2.8. It has cash and short-term investments of SEK45.9M.
Key information
23.7%
Debt to equity ratio
kr64.16m
Debt
| Interest coverage ratio | 2.8x |
| Cash | kr45.91m |
| Equity | kr271.14m |
| Total liabilities | kr176.08m |
| Total assets | kr447.22m |
Recent financial health updates
TagMaster (STO:TAGM B) Has A Pretty Healthy Balance Sheet
Nov 14
We 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) 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 (SEK194.0M) exceed its short term liabilities (SEK113.0M).
Long Term Liabilities: TAGM B's short term assets (SEK194.0M) exceed its long term liabilities (SEK63.1M).
Debt to Equity History and Analysis
Debt Level: TAGM B's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: TAGM B's debt to equity ratio has increased from 1.4% to 23.7% over the past 5 years.
Debt Coverage: TAGM B's debt is well covered by operating cash flow (60.4%).
Interest Coverage: TAGM B's interest payments on its debt are not well covered by EBIT (2.8x coverage).