Rejlers Balance Sheet Health
Financial Health criteria checks 5/6
Rejlers has a total shareholder equity of SEK1.8B and total debt of SEK439.7M, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are SEK3.6B and SEK1.8B respectively. Rejlers's EBIT is SEK350.7M making its interest coverage ratio 12.8. It has cash and short-term investments of SEK32.2M.
Key information
23.8%
Debt to equity ratio
SEK 439.70m
Debt
| Interest coverage ratio | 12.8x |
| Cash | SEK 32.20m |
| Equity | SEK 1.85b |
| Total liabilities | SEK 1.75b |
| Total assets | SEK 3.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3RE's short term assets (SEK1.2B) do not cover its short term liabilities (SEK1.4B).
Long Term Liabilities: 3RE's short term assets (SEK1.2B) exceed its long term liabilities (SEK357.3M).
Debt to Equity History and Analysis
Debt Level: 3RE's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: 3RE's debt to equity ratio has reduced from 45.8% to 23.8% over the past 5 years.
Debt Coverage: 3RE's debt is well covered by operating cash flow (72.4%).
Interest Coverage: 3RE's interest payments on its debt are well covered by EBIT (12.8x coverage).