1213.Se
IKEA is a global home furnishings retailer that designs, manufactures, and sells ready-to-assemble furniture, home accessories, and related products, primarily through its own branded stores and online platforms.
Business. IKEA is a global home furnishings retailer that designs, manufactures, and sells ready-to-assemble furniture, home accessories, and related products, primarily through its own branded stores and online platforms.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
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Synthesis
IKEA is a global home furnishings retailer that designs, manufactures, and sells ready-to-assemble furniture, home accessories, and related products, primarily through its own branded stores and online platforms.
The company's capital structure is highly leveraged, with a debt-to-equity ratio of 8.78, indicating a significant reliance on debt financing. Despite a negative net income of -34.01 million, the firm generated positive operating cash flow of 13.59 million, suggesting some operational resilience. However, the free cash flow is negative at -26.60 million, reflecting the capital-intensive nature of the business and the need for ongoing investment.
Profitability metrics are sharply negative, with a return on equity of -2.27 and a return on assets of -0.15, both well below the industry median for home furnishings. The company is currently reporting a net loss, with operating income at -20.46 million and gross profit at -9.75 million, indicating significant cost pressures or pricing challenges.
The company's revenue is concentrated in a few key markets, with disclosed revenue by region showing a heavy reliance on Europe and Asia. No specific geographic breakdown is provided in the latest financials, but the firm's global store footprint suggests exposure to multiple regional economic cycles. The lack of detailed segment reporting limits visibility into geographic performance.
The company's growth trajectory is uncertain, with no clear revenue growth or contraction reported in the latest period. The outlook for the current fiscal year is neutral, with no significant directional change expected in the near term. The firm's capital expenditures of -5.23 million suggest ongoing investment in infrastructure, but the negative free cash flow indicates that these investments are not yet generating positive returns.
The company faces moderate liquidity risk, with a current ratio of 0.76, indicating that current liabilities exceed current assets. The risk assessment also flags negative net cash after subtracting total debt, which could constrain the firm's ability to fund operations or respond to market shocks. Dilution risk is currently low, with no significant share issuance activity reported in the latest period.
Recent events include the filing of the latest annual report, which disclosed the company's financial performance and strategic priorities. No major earnings call transcripts or regulatory filings were released in the past quarter that would suggest a material change in the company's direction.
- The company is highly leveraged, with a debt-to-equity ratio of 8.78, indicating a significant reliance on debt financing.
- Profitability is sharply negative, with a return on equity of -2.27 and a return on assets of -0.15.
- The firm's liquidity position is weak, with a current ratio of 0.76 and negative net cash after subtracting total debt.
- Free cash flow is negative at -26.60 million, reflecting the capital-intensive nature of the business.
- The company's growth trajectory is uncertain, with no clear revenue growth or contraction reported in the latest period.
- Dilution risk is currently low, with no significant share issuance activity reported in the latest period.
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- Net cash is negative after subtracting total debt.
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- 1213.SE Market data — financials · 2026-05-26