Railcare Group Balance Sheet Health
Financial Health criteria checks 4/6
Railcare Group has a total shareholder equity of SEK276.0M and total debt of SEK176.5M, which brings its debt-to-equity ratio to 63.9%. Its total assets and total liabilities are SEK708.1M and SEK432.1M respectively. Railcare Group's EBIT is SEK71.1M making its interest coverage ratio 6.4. It has cash and short-term investments of SEK9.5M.
Key information
63.9%
Debt to equity ratio
SEK 176.52m
Debt
| Interest coverage ratio | 6.4x |
| Cash | SEK 9.45m |
| Equity | SEK 276.04m |
| Total liabilities | SEK 432.05m |
| Total assets | SEK 708.09m |
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 (SEK194.2M) do not cover its short term liabilities (SEK265.2M).
Long Term Liabilities: RAIL's short term assets (SEK194.2M) exceed its long term liabilities (SEK166.9M).
Debt to Equity History and Analysis
Debt Level: RAIL's net debt to equity ratio (60.5%) is considered high.
Reducing Debt: RAIL's debt to equity ratio has reduced from 124.4% to 63.9% over the past 5 years.
Debt Coverage: RAIL's debt is well covered by operating cash flow (46.1%).
Interest Coverage: RAIL's interest payments on its debt are well covered by EBIT (6.4x coverage).