Sandvik Balance Sheet Health
Financial Health criteria checks 5/6
Sandvik has a total shareholder equity of SEK93.6B and total debt of SEK41.4B, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are SEK180.5B and SEK86.9B respectively. Sandvik's EBIT is SEK19.9B making its interest coverage ratio 10. It has cash and short-term investments of SEK3.6B.
Key information
44.2%
Debt to equity ratio
kr41.37b
Debt
| Interest coverage ratio | 10x |
| Cash | kr3.58b |
| Equity | kr93.57b |
| Total liabilities | kr86.90b |
| Total assets | kr180.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SVKB's short term assets (SEK73.6B) exceed its short term liabilities (SEK45.5B).
Long Term Liabilities: SVKB's short term assets (SEK73.6B) exceed its long term liabilities (SEK41.4B).
Debt to Equity History and Analysis
Debt Level: SVKB's net debt to equity ratio (40.4%) is considered high.
Reducing Debt: SVKB's debt to equity ratio has reduced from 52.7% to 44.2% over the past 5 years.
Debt Coverage: SVKB's debt is well covered by operating cash flow (45.1%).
Interest Coverage: SVKB's interest payments on its debt are well covered by EBIT (10x coverage).