Enad Global 7 Balance Sheet Health
Financial Health criteria checks 4/6
Enad Global 7 has a total shareholder equity of SEK3.9B and total debt of SEK3.0M, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are SEK4.8B and SEK941.4M respectively. Enad Global 7's EBIT is SEK44.0M making its interest coverage ratio 2.3. It has cash and short-term investments of SEK218.5M.
Key information
0.08%
Debt to equity ratio
SEK 3.00m
Debt
| Interest coverage ratio | 2.3x |
| Cash | SEK 218.50m |
| Equity | SEK 3.87b |
| Total liabilities | SEK 941.40m |
| Total assets | SEK 4.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENAD.F's short term assets (SEK505.3M) exceed its short term liabilities (SEK436.0M).
Long Term Liabilities: ENAD.F's short term assets (SEK505.3M) do not cover its long term liabilities (SEK505.4M).
Debt to Equity History and Analysis
Debt Level: ENAD.F has more cash than its total debt.
Reducing Debt: ENAD.F's debt to equity ratio has reduced from 78.8% to 0.08% over the past 5 years.
Debt Coverage: ENAD.F's debt is well covered by operating cash flow (3293.3%).
Interest Coverage: ENAD.F's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 08:52 |
| End of Day Share Price | 2024/11/05 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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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
Enad Global 7 AB (publ) is covered by 3 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 |
|---|---|
| Oscar Erixon | Carnegie Investment Bank AB |
| Hjalmar Ahlberg | Redeye |
| Kristoffer Lindström | Redeye |