Addtech AB (publ.) Balance Sheet Health
Financial Health criteria checks 5/6
Addtech AB (publ.) has a total shareholder equity of SEK6.9B and total debt of SEK5.7B, which brings its debt-to-equity ratio to 82.1%. Its total assets and total liabilities are SEK17.7B and SEK10.8B respectively. Addtech AB (publ.)'s EBIT is SEK2.6B making its interest coverage ratio 13.4. It has cash and short-term investments of SEK1.1B.
Key information
82.1%
Debt to equity ratio
SEK 5.66b
Debt
| Interest coverage ratio | 13.4x |
| Cash | SEK 1.13b |
| Equity | SEK 6.90b |
| Total liabilities | SEK 10.78b |
| Total assets | SEK 17.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AZZ2's short term assets (SEK8.4B) exceed its short term liabilities (SEK5.2B).
Long Term Liabilities: AZZ2's short term assets (SEK8.4B) exceed its long term liabilities (SEK5.5B).
Debt to Equity History and Analysis
Debt Level: AZZ2's net debt to equity ratio (65.7%) is considered high.
Reducing Debt: AZZ2's debt to equity ratio has reduced from 90.4% to 82.1% over the past 5 years.
Debt Coverage: AZZ2's debt is well covered by operating cash flow (46.4%).
Interest Coverage: AZZ2's interest payments on its debt are well covered by EBIT (13.4x coverage).