ITAB Shop Concept Balance Sheet Health
Financial Health criteria checks 6/6
ITAB Shop Concept has a total shareholder equity of SEK3.8B and total debt of SEK635.0M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are SEK6.4B and SEK2.6B respectively. ITAB Shop Concept's EBIT is SEK549.0M making its interest coverage ratio 61. It has cash and short-term investments of SEK949.0M.
Key information
16.6%
Debt to equity ratio
SEK 635.00m
Debt
| Interest coverage ratio | 61x |
| Cash | SEK 949.00m |
| Equity | SEK 3.83b |
| Total liabilities | SEK 2.61b |
| Total assets | SEK 6.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 29I0's short term assets (SEK3.1B) exceed its short term liabilities (SEK1.6B).
Long Term Liabilities: 29I0's short term assets (SEK3.1B) exceed its long term liabilities (SEK1.0B).
Debt to Equity History and Analysis
Debt Level: 29I0 has more cash than its total debt.
Reducing Debt: 29I0's debt to equity ratio has reduced from 137.3% to 16.6% over the past 5 years.
Debt Coverage: 29I0's debt is well covered by operating cash flow (106.6%).
Interest Coverage: 29I0's interest payments on its debt are well covered by EBIT (61x coverage).