Rejlers Balance Sheet Health
Financial Health criteria checks 4/6
Rejlers has a total shareholder equity of SEK1.8B and total debt of SEK405.4M, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are SEK3.7B and SEK1.8B respectively. Rejlers's EBIT is SEK338.0M making its interest coverage ratio 11.3. It has cash and short-term investments of SEK32.2M.
Key information
22.2%
Debt to equity ratio
SEK 405.40m
Debt
| Interest coverage ratio | 11.3x |
| Cash | SEK 32.20m |
| Equity | SEK 1.83b |
| Total liabilities | SEK 1.85b |
| Total assets | SEK 3.67b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 3RE's short term assets (SEK1.3B) do not cover its short term liabilities (SEK1.5B).
Long Term Liabilities: 3RE's short term assets (SEK1.3B) exceed its long term liabilities (SEK331.9M).
Debt to Equity History and Analysis
Debt Level: 3RE's net debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: 3RE's debt to equity ratio has increased from 17.2% to 22.2% over the past 5 years.
Debt Coverage: 3RE's debt is well covered by operating cash flow (85.7%).
Interest Coverage: 3RE's interest payments on its debt are well covered by EBIT (11.3x coverage).