Telefonaktiebolaget LM Ericsson Balance Sheet Health
Financial Health criteria checks 6/6
Telefonaktiebolaget LM Ericsson has a total shareholder equity of SEK85.4B and total debt of SEK36.7B, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are SEK272.5B and SEK187.1B respectively. Telefonaktiebolaget LM Ericsson's EBIT is SEK21.0B making its interest coverage ratio 165.6. It has cash and short-term investments of SEK47.4B.
Key information
42.9%
Debt to equity ratio
SEK 36.66b
Debt
| Interest coverage ratio | 165.6x |
| Cash | SEK 47.39b |
| Equity | SEK 85.36b |
| Total liabilities | SEK 187.10b |
| Total assets | SEK 272.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E1RI34's short term assets (SEK141.9B) exceed its short term liabilities (SEK118.9B).
Long Term Liabilities: E1RI34's short term assets (SEK141.9B) exceed its long term liabilities (SEK68.2B).
Debt to Equity History and Analysis
Debt Level: E1RI34 has more cash than its total debt.
Reducing Debt: E1RI34's debt to equity ratio has reduced from 50% to 42.9% over the past 5 years.
Debt Coverage: E1RI34's debt is well covered by operating cash flow (117.9%).
Interest Coverage: E1RI34's interest payments on its debt are well covered by EBIT (165.6x coverage).