Sandvik Balance Sheet Health
Financial Health criteria checks 4/6
Sandvik has a total shareholder equity of SEK89.7B and total debt of SEK45.8B, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are SEK180.3B and SEK90.6B respectively. Sandvik's EBIT is SEK19.4B making its interest coverage ratio 12.1. It has cash and short-term investments of SEK4.0B.
Key information
51.0%
Debt to equity ratio
SEK 45.76b
Debt
| Interest coverage ratio | 12.1x |
| Cash | SEK 4.04b |
| Equity | SEK 89.69b |
| Total liabilities | SEK 90.63b |
| Total assets | SEK 180.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SVK's short term assets (SEK73.7B) exceed its short term liabilities (SEK45.1B).
Long Term Liabilities: SVK's short term assets (SEK73.7B) exceed its long term liabilities (SEK45.5B).
Debt to Equity History and Analysis
Debt Level: SVK's net debt to equity ratio (46.5%) is considered high.
Reducing Debt: SVK's debt to equity ratio has increased from 47.6% to 51% over the past 5 years.
Debt Coverage: SVK's debt is well covered by operating cash flow (39%).
Interest Coverage: SVK's interest payments on its debt are well covered by EBIT (12.1x coverage).