Skanska Balance Sheet Health
Financial Health criteria checks 6/6
Skanska has a total shareholder equity of SEK58.1B and total debt of SEK12.0B, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are SEK162.0B and SEK103.8B respectively. Skanska's EBIT is SEK4.1B making its interest coverage ratio -5.5. It has cash and short-term investments of SEK15.0B.
Key information
20.6%
Debt to equity ratio
SEK 11.99b
Debt
| Interest coverage ratio | -5.5x |
| Cash | SEK 14.96b |
| Equity | SEK 58.13b |
| Total liabilities | SEK 103.85b |
| Total assets | SEK 161.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKAB's short term assets (SEK128.9B) exceed its short term liabilities (SEK83.2B).
Long Term Liabilities: SKAB's short term assets (SEK128.9B) exceed its long term liabilities (SEK20.7B).
Debt to Equity History and Analysis
Debt Level: SKAB has more cash than its total debt.
Reducing Debt: SKAB's debt to equity ratio has reduced from 29.3% to 20.6% over the past 5 years.
Debt Coverage: SKAB's debt is well covered by operating cash flow (70.1%).
Interest Coverage: SKAB earns more interest than it pays, so coverage of interest payments is not a concern.