Cloetta AB (publ)

Stockholm Stock Exchange CLA-B.ST

Cloetta AB (publ) Interest Coverage Ratio for the year ending December 31, 2024: 4.56

Cloetta AB (publ) Interest Coverage Ratio is 4.56 for the year ending December 31, 2024, a 10.73% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Cloetta AB (publ) Interest Coverage Ratio for the year ending December 31, 2023 was 4.12, a -46.34% change year over year.
  • Cloetta AB (publ) Interest Coverage Ratio for the year ending December 31, 2022 was 7.67, a -57.37% change year over year.
  • Cloetta AB (publ) Interest Coverage Ratio for the year ending December 31, 2021 was 18.00, a 49.29% change year over year.
  • Cloetta AB (publ) Interest Coverage Ratio for the year ending December 31, 2020 was 12.06, a -31.65% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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Stockholm Stock Exchange: CLA-B.ST

Cloetta AB (publ)

Description

Cloetta AB (publ) operates as a confectionary company. It manufactures and markets chocolate confectionery products, including pralines, chocolate wafers, dragees, plates, and countlines under the Kexchoklad, Polly, Center, Plopp, Tupla, Royal, Sportlunch, Bridge, Lonka, Sinas, Snippers, and Lonka soft nougat brands. The company also provides confectionery products comprising foams, wine gums, liquorice, toffees, hard boiled candies, and lollypops under the Malaco, Red Band, Ahlgrens bilar, Venco, Chewits, and Juleskum brands. In addition, it offers pastilles under the Läkerol, Mynthon, and King brands, as well as chewing gums under the Jenkki, Sportlife, and Xylifresh brands. Further, the company produces and sells dry roasted nuts under the Nutisal brand. It sells its products through a network of grocery retail trade, service trade, e-commerce, and other sales channels. Cloetta AB (publ) was founded in 1862 and is headquartered in Sundbyberg, Sweden.

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StockViz Staff

February 5, 2025

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