Scandic Hotels Group Balance Sheet Health
Financial Health criteria checks 1/6
Scandic Hotels Group has a total shareholder equity of SEK1.8B and total debt of SEK2.1B, which brings its debt-to-equity ratio to 116.1%. Its total assets and total liabilities are SEK56.1B and SEK54.2B respectively. Scandic Hotels Group's EBIT is SEK2.7B making its interest coverage ratio 1.4. It has cash and short-term investments of SEK534.0M.
Key information
116.1%
Debt to equity ratio
kr2.12b
Debt
Interest coverage ratio | 1.4x |
Cash | kr534.00m |
Equity | kr1.83b |
Total liabilities | kr54.22b |
Total assets | kr56.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 10H's short term assets (SEK2.6B) do not cover its short term liabilities (SEK8.9B).
Long Term Liabilities: 10H's short term assets (SEK2.6B) do not cover its long term liabilities (SEK45.3B).
Debt to Equity History and Analysis
Debt Level: 10H's net debt to equity ratio (86.9%) is considered high.
Reducing Debt: 10H's debt to equity ratio has increased from 66.6% to 116.1% over the past 5 years.
Debt Coverage: 10H's debt is well covered by operating cash flow (295.8%).
Interest Coverage: 10H's interest payments on its debt are not well covered by EBIT (1.4x coverage).