Teqnion Balance Sheet Health
Financial Health criteria checks 6/6
Teqnion has a total shareholder equity of SEK809.9M and total debt of SEK250.6M, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are SEK1.6B and SEK836.4M respectively. Teqnion's EBIT is SEK154.1M making its interest coverage ratio 7.4. It has cash and short-term investments of SEK176.8M.
Key information
30.9%
Debt to equity ratio
SEK 250.60m
Debt
| Interest coverage ratio | 7.4x |
| Cash | SEK 176.80m |
| Equity | SEK 809.90m |
| Total liabilities | SEK 836.40m |
| Total assets | SEK 1.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M45's short term assets (SEK773.4M) exceed its short term liabilities (SEK410.5M).
Long Term Liabilities: M45's short term assets (SEK773.4M) exceed its long term liabilities (SEK425.9M).
Debt to Equity History and Analysis
Debt Level: M45's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: M45's debt to equity ratio has reduced from 37.8% to 30.9% over the past 5 years.
Debt Coverage: M45's debt is well covered by operating cash flow (64.2%).
Interest Coverage: M45's interest payments on its debt are well covered by EBIT (7.4x coverage).