Lifco Balance Sheet Health
Financial Health criteria checks 5/6
Lifco has a total shareholder equity of SEK16.7B and total debt of SEK8.0B, which brings its debt-to-equity ratio to 47.9%. Its total assets and total liabilities are SEK35.5B and SEK18.8B respectively. Lifco's EBIT is SEK4.7B making its interest coverage ratio 11.2. It has cash and short-term investments of SEK1.6B.
Key information
47.9%
Debt to equity ratio
kr8.00b
Debt
Interest coverage ratio | 11.2x |
Cash | kr1.56b |
Equity | kr16.71b |
Total liabilities | kr18.82b |
Total assets | kr35.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1L3's short term assets (SEK9.9B) do not cover its short term liabilities (SEK10.2B).
Long Term Liabilities: 1L3's short term assets (SEK9.9B) exceed its long term liabilities (SEK8.6B).
Debt to Equity History and Analysis
Debt Level: 1L3's net debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: 1L3's debt to equity ratio has reduced from 63.2% to 47.9% over the past 5 years.
Debt Coverage: 1L3's debt is well covered by operating cash flow (54.5%).
Interest Coverage: 1L3's interest payments on its debt are well covered by EBIT (11.2x coverage).