Afry Balance Sheet Health
Financial Health criteria checks 5/6
Afry has a total shareholder equity of SEK12.7B and total debt of SEK6.2B, which brings its debt-to-equity ratio to 48.7%. Its total assets and total liabilities are SEK28.1B and SEK15.4B respectively. Afry's EBIT is SEK2.1B making its interest coverage ratio 6.2. It has cash and short-term investments of SEK863.0M.
Key information
48.7%
Debt to equity ratio
SEK 6.17b
Debt
| Interest coverage ratio | 6.2x |
| Cash | SEK 863.00m |
| Equity | SEK 12.67b |
| Total liabilities | SEK 15.42b |
| Total assets | SEK 28.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B3Y1's short term assets (SEK9.9B) exceed its short term liabilities (SEK8.0B).
Long Term Liabilities: B3Y1's short term assets (SEK9.9B) exceed its long term liabilities (SEK7.4B).
Debt to Equity History and Analysis
Debt Level: B3Y1's net debt to equity ratio (41.9%) is considered high.
Reducing Debt: B3Y1's debt to equity ratio has reduced from 59.4% to 48.7% over the past 5 years.
Debt Coverage: B3Y1's debt is well covered by operating cash flow (26.7%).
Interest Coverage: B3Y1's interest payments on its debt are well covered by EBIT (6.2x coverage).