Jetpak Top Holding Balance Sheet Health
Financial Health criteria checks 6/6
Jetpak Top Holding has a total shareholder equity of SEK860.1M and total debt of SEK115.0M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are SEK1.3B and SEK461.5M respectively. Jetpak Top Holding's EBIT is SEK115.9M making its interest coverage ratio 24.3. It has cash and short-term investments of SEK227.2M.
Key information
13.4%
Debt to equity ratio
kr115.00m
Debt
| Interest coverage ratio | 24.3x |
| Cash | kr227.24m |
| Equity | kr860.06m |
| Total liabilities | kr461.54m |
| Total assets | kr1.32b |
Recent financial health updates
Is Jetpak Top Holding (STO:JETPAK) Using Too Much Debt?
Aug 30
Jetpak Top Holding (STO:JETPAK) Could Easily Take On More Debt
Apr 21Is Jetpak Top Holding (STO:JETPAK) A Risky Investment?
Oct 13Does Jetpak Top Holding (STO:JETPAK) Have A Healthy Balance Sheet?
May 03Jetpak Top Holding (STO:JETPAK) Has A Somewhat Strained Balance Sheet
Feb 01
Recent updates
Is Jetpak Top Holding (STO:JETPAK) Using Too Much Debt?
Aug 30Returns At Jetpak Top Holding (STO:JETPAK) Are On The Way Up
Dec 15There's Been No Shortage Of Growth Recently For Jetpak Top Holding's (STO:JETPAK) Returns On Capital
May 28Jetpak Top Holding (STO:JETPAK) Could Easily Take On More Debt
Apr 21The Return Trends At Jetpak Top Holding (STO:JETPAK) Look Promising
Feb 17Is Jetpak Top Holding (STO:JETPAK) A Risky Investment?
Oct 13Estimating The Fair Value Of Jetpak Top Holding AB (publ) (STO:JETPAK)
Jun 14Does Jetpak Top Holding (STO:JETPAK) Have A Healthy Balance Sheet?
May 03The Return Trends At Jetpak Top Holding (STO:JETPAK) Look Promising
Mar 22The Jetpak Top Holding (STO:JETPAK) Share Price Has Gained 27% And Shareholders Are Hoping For More
Feb 26Jetpak Top Holding (STO:JETPAK) Has A Somewhat Strained Balance Sheet
Feb 01Will Jetpak Top Holding's (STO:JETPAK) Growth In ROCE Persist?
Dec 21Results: Jetpak Top Holding AB (publ) Exceeded Expectations And The Consensus Has Updated Its Estimates
Nov 29Can You Imagine How Jetpak Top Holding's (STO:JETPAK) Shareholders Feel About The 17% Share Price Increase?
Nov 28Financial Position Analysis
Short Term Liabilities: JETPAK's short term assets (SEK405.7M) exceed its short term liabilities (SEK218.2M).
Long Term Liabilities: JETPAK's short term assets (SEK405.7M) exceed its long term liabilities (SEK243.4M).
Debt to Equity History and Analysis
Debt Level: JETPAK has more cash than its total debt.
Reducing Debt: JETPAK's debt to equity ratio has reduced from 31.4% to 13.4% over the past 5 years.
Debt Coverage: JETPAK's debt is well covered by operating cash flow (116.3%).
Interest Coverage: JETPAK's interest payments on its debt are well covered by EBIT (24.3x coverage).