Scandic Hotels Group AB (publ)

Stockholm Stock Exchange:SHOT.ST

Sector

🛍 Consumer Discretionary

Industries

🏨 Hotels

🏨 Hospitality

Location

Sweden

Market Cap

USD 1.74 B

Share Price

USD 8.07

Avg Daily Volume

380,777

Change (1 day)

-1.23%

Change (1 year)

34.73%

Change (YTD)

30.01%

Scandic Hotels Group AB (publ) Current Ratio for the year ending December 31, 2024: 0.31

Scandic Hotels Group AB (publ) Current Ratio is 0.31 for the year ending December 31, 2024, a -4.94% change year over year. Current ratio represents the short-term liquidity measurement, showing current assets' coverage of liabilities. Higher ratio implies better ability to meet short-term obligations.

Scandic Hotels Group AB (publ) Current Ratio for the year ending December 31, 2023 was 0.32, a 9.57% change year over year.
Scandic Hotels Group AB (publ) Current Ratio for the year ending December 31, 2022 was 0.30, a 25.43% change year over year.
Scandic Hotels Group AB (publ) Current Ratio for the year ending December 31, 2021 was 0.24, a 40.95% change year over year.
Scandic Hotels Group AB (publ) Current Ratio for the year ending December 31, 2020 was 0.17, a -25.97% change year over year.

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Key data

Date	Current Ratio	Interest Coverage Ratio	Return on Capital Employed (ROCE)	Return on Equity (ROE)

Stockholm Stock Exchange: SHOT.ST

Scandic Hotels Group AB (publ)

CEO	Mr. Jens Mathiesen
IPO Date	Dec. 2, 2015
Location	Sweden
Headquarters	Sveavägen 167
Employees	8,910
Sector	🛍 Consumer Discretionary
Industries Hotels 🏨 Hospitality

Description

Scandic Hotels Group AB (publ), together with its subsidiaries, operates and franchises hotels in Sweden, Norway, Finland, Denmark, Germany, Poland, and other European Countries. The company operates hotels under the Scandic, Hilton, Holiday Inn, Crown Plaza, and Indigo brands. As of June 10, 2022, it operated approximately 280 hotels. The company was founded in 1963 and is headquartered in Stockholm, Sweden.