Bulten Balance Sheet Health
Financial Health criteria checks 5/6
Bulten has a total shareholder equity of SEK2.0B and total debt of SEK1.2B, which brings its debt-to-equity ratio to 60.8%. Its total assets and total liabilities are SEK5.0B and SEK3.0B respectively. Bulten's EBIT is SEK236.0M making its interest coverage ratio 3.2. It has cash and short-term investments of SEK442.0M.
Key information
60.8%
Debt to equity ratio
kr1.22b
Debt
Interest coverage ratio | 3.2x |
Cash | kr442.00m |
Equity | kr2.01b |
Total liabilities | kr3.00b |
Total assets | kr5.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3FB's short term assets (SEK2.7B) exceed its short term liabilities (SEK1.4B).
Long Term Liabilities: 3FB's short term assets (SEK2.7B) exceed its long term liabilities (SEK1.6B).
Debt to Equity History and Analysis
Debt Level: 3FB's net debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: 3FB's debt to equity ratio has increased from 17.2% to 60.8% over the past 5 years.
Debt Coverage: 3FB's debt is well covered by operating cash flow (23%).
Interest Coverage: 3FB's interest payments on its debt are well covered by EBIT (3.2x coverage).