Teqnion Balance Sheet Health
Financial Health criteria checks 6/6
Teqnion has a total shareholder equity of SEK775.1M and total debt of SEK261.4M, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are SEK1.6B and SEK836.0M respectively. Teqnion's EBIT is SEK152.2M making its interest coverage ratio 7.1. It has cash and short-term investments of SEK179.3M.
Key information
33.7%
Debt to equity ratio
kr261.40m
Debt
Interest coverage ratio | 7.1x |
Cash | kr179.30m |
Equity | kr775.10m |
Total liabilities | kr836.00m |
Total assets | kr1.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M45's short term assets (SEK747.3M) exceed its short term liabilities (SEK396.2M).
Long Term Liabilities: M45's short term assets (SEK747.3M) exceed its long term liabilities (SEK439.8M).
Debt to Equity History and Analysis
Debt Level: M45's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: M45's debt to equity ratio has reduced from 82.4% to 33.7% over the past 5 years.
Debt Coverage: M45's debt is well covered by operating cash flow (39.5%).
Interest Coverage: M45's interest payments on its debt are well covered by EBIT (7.1x coverage).