Loomis Balance Sheet Health
Financial Health criteria checks 6/6
Loomis has a total shareholder equity of SEK12.7B and total debt of SEK7.1B, which brings its debt-to-equity ratio to 55.5%. Its total assets and total liabilities are SEK37.5B and SEK24.8B respectively. Loomis's EBIT is SEK3.2B making its interest coverage ratio 4.6. It has cash and short-term investments of SEK8.3B.
Key information
55.5%
Debt to equity ratio
SEK 7.05b
Debt
| Interest coverage ratio | 4.6x |
| Cash | SEK 8.34b |
| Equity | SEK 12.70b |
| Total liabilities | SEK 24.78b |
| Total assets | SEK 37.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K900's short term assets (SEK13.9B) exceed its short term liabilities (SEK11.4B).
Long Term Liabilities: K900's short term assets (SEK13.9B) exceed its long term liabilities (SEK13.3B).
Debt to Equity History and Analysis
Debt Level: K900 has more cash than its total debt.
Reducing Debt: K900's debt to equity ratio has reduced from 75.1% to 55.5% over the past 5 years.
Debt Coverage: K900's debt is well covered by operating cash flow (82.8%).
Interest Coverage: K900's interest payments on its debt are well covered by EBIT (4.6x coverage).