CTEK Balance Sheet Health
Financial Health criteria checks 5/6
CTEK has a total shareholder equity of SEK740.9M and total debt of SEK398.2M, which brings its debt-to-equity ratio to 53.7%. Its total assets and total liabilities are SEK1.5B and SEK725.4M respectively. CTEK's EBIT is SEK305.3M making its interest coverage ratio 9.1. It has cash and short-term investments of SEK98.1M.
Key information
53.7%
Debt to equity ratio
SEK 398.20m
Debt
| Interest coverage ratio | 9.1x |
| Cash | SEK 98.10m |
| Equity | SEK 740.90m |
| Total liabilities | SEK 725.40m |
| Total assets | SEK 1.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1F7's short term assets (SEK534.3M) exceed its short term liabilities (SEK211.5M).
Long Term Liabilities: 1F7's short term assets (SEK534.3M) exceed its long term liabilities (SEK513.9M).
Debt to Equity History and Analysis
Debt Level: 1F7's net debt to equity ratio (40.5%) is considered high.
Reducing Debt: 1F7's debt to equity ratio has reduced from 448.1% to 53.7% over the past 5 years.
Debt Coverage: 1F7's debt is well covered by operating cash flow (34.8%).
Interest Coverage: 1F7's interest payments on its debt are well covered by EBIT (9.1x coverage).