Railcare Group Balance Sheet Health
Financial Health criteria checks 4/6
Railcare Group has a total shareholder equity of SEK288.3M and total debt of SEK195.4M, which brings its debt-to-equity ratio to 67.8%. Its total assets and total liabilities are SEK718.9M and SEK430.6M respectively. Railcare Group's EBIT is SEK62.1M making its interest coverage ratio 5.4. It has cash and short-term investments of SEK40.5M.
Key information
67.8%
Debt to equity ratio
SEK 195.36m
Debt
| Interest coverage ratio | 5.4x |
| Cash | SEK 40.50m |
| Equity | SEK 288.28m |
| Total liabilities | SEK 430.58m |
| Total assets | SEK 718.86m |
Recent financial health updates
Does Railcare Group (STO:RAIL) Have A Healthy Balance Sheet?
Feb 19
Railcare Group (STO:RAIL) Could Easily Take On More Debt
Jul 13Is Railcare Group (STO:RAIL) A Risky Investment?
Mar 30Here's Why Railcare Group (STO:RAIL) Can Manage Its Debt Responsibly
Nov 30
Recent updates
Investors Continue Waiting On Sidelines For Railcare Group AB (publ) (STO:RAIL)
Oct 16Railcare Group's (STO:RAIL) Upcoming Dividend Will Be Larger Than Last Year's
May 04Railcare Group (STO:RAIL) Will Pay A Larger Dividend Than Last Year At SEK0.70
Apr 20Railcare Group's (STO:RAIL) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 06Returns On Capital Are Showing Encouraging Signs At Railcare Group (STO:RAIL)
Nov 15Railcare Group (STO:RAIL) Has Affirmed Its Dividend Of SEK0.60
Apr 05Railcare Group (STO:RAIL) Has Affirmed Its Dividend Of SEK0.60
Feb 21Does Railcare Group (STO:RAIL) Have A Healthy Balance Sheet?
Feb 19Railcare Group (STO:RAIL) Is Due To Pay A Dividend Of kr0.60
Apr 28We Think That There Are More Issues For Railcare Group (STO:RAIL) Than Just Sluggish Earnings
Apr 21Railcare Group (STO:RAIL) Is Due To Pay A Dividend Of kr0.60
Mar 31Railcare Group (STO:RAIL) Is Due To Pay A Dividend Of kr0.60
Feb 22Railcare Group (STO:RAIL) Could Easily Take On More Debt
Jul 13Should You Be Adding Railcare Group (STO:RAIL) To Your Watchlist Today?
Jun 14The Return Trends At Railcare Group (STO:RAIL) Look Promising
May 20Is Railcare Group (STO:RAIL) A Risky Investment?
Mar 30Here's Why I Think Railcare Group (STO:RAIL) Is An Interesting Stock
Mar 16Railcare Group AB (publ)'s (STO:RAIL) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Mar 01Returns On Capital At Railcare Group (STO:RAIL) Paint An Interesting Picture
Feb 04Does Railcare Group AB (publ) (STO:RAIL) Have A Place In Your Dividend Portfolio?
Jan 04Does Railcare Group's (STO:RAIL) Share Price Gain of 27% Match Its Business Performance?
Dec 14Here's Why Railcare Group (STO:RAIL) Can Manage Its Debt Responsibly
Nov 30Financial Position Analysis
Short Term Liabilities: RAIL's short term assets (SEK201.1M) do not cover its short term liabilities (SEK247.0M).
Long Term Liabilities: RAIL's short term assets (SEK201.1M) exceed its long term liabilities (SEK183.6M).
Debt to Equity History and Analysis
Debt Level: RAIL's net debt to equity ratio (53.7%) is considered high.
Reducing Debt: RAIL's debt to equity ratio has reduced from 105.6% to 67.8% over the past 5 years.
Debt Coverage: RAIL's debt is well covered by operating cash flow (55.7%).
Interest Coverage: RAIL's interest payments on its debt are well covered by EBIT (5.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Railcare Group AB (publ) is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Carl Ragnerstam | ABG Sundal Collier Sponsored |
| Henrik Alveskog | Redeye |