Addtech AB (publ.) Balance Sheet Health
Financial Health criteria checks 5/6
Addtech AB (publ.) has a total shareholder equity of SEK6.5B and total debt of SEK6.4B, which brings its debt-to-equity ratio to 99.3%. Its total assets and total liabilities are SEK18.0B and SEK11.5B respectively. Addtech AB (publ.)'s EBIT is SEK2.6B making its interest coverage ratio 11.9. It has cash and short-term investments of SEK1.0B.
Key information
99.3%
Debt to equity ratio
SEK 6.42b
Debt
| Interest coverage ratio | 11.9x |
| Cash | SEK 1.03b |
| Equity | SEK 6.47b |
| Total liabilities | SEK 11.52b |
| Total assets | SEK 17.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AZZ2's short term assets (SEK8.2B) exceed its short term liabilities (SEK5.1B).
Long Term Liabilities: AZZ2's short term assets (SEK8.2B) exceed its long term liabilities (SEK6.4B).
Debt to Equity History and Analysis
Debt Level: AZZ2's net debt to equity ratio (83.4%) is considered high.
Reducing Debt: AZZ2's debt to equity ratio has reduced from 106.6% to 99.3% over the past 5 years.
Debt Coverage: AZZ2's debt is well covered by operating cash flow (40.8%).
Interest Coverage: AZZ2's interest payments on its debt are well covered by EBIT (11.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 09:32 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Addtech AB (publ.) is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Erik Cassel | ABG Sundal Collier Sponsored |
| Johan Sundén | Carnegie Investment Bank AB |
| Johan Dahl | Danske Bank |