Scandic Hotels Group Balance Sheet Health
Financial Health criteria checks 3/6
Scandic Hotels Group has a total shareholder equity of SEK3.7B and total debt of SEK972.0M, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are SEK56.4B and SEK52.7B respectively. Scandic Hotels Group's EBIT is SEK2.7B making its interest coverage ratio 1.4. It has cash and short-term investments of SEK1.6B.
Key information
26.0%
Debt to equity ratio
SEK 972.00m
Debt
| Interest coverage ratio | 1.4x |
| Cash | SEK 1.57b |
| Equity | SEK 3.73b |
| Total liabilities | SEK 52.69b |
| Total assets | SEK 56.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 10H's short term assets (SEK4.9B) do not cover its short term liabilities (SEK8.7B).
Long Term Liabilities: 10H's short term assets (SEK4.9B) do not cover its long term liabilities (SEK44.0B).
Debt to Equity History and Analysis
Debt Level: 10H has more cash than its total debt.
Reducing Debt: 10H's debt to equity ratio has reduced from 60.6% to 26% over the past 5 years.
Debt Coverage: 10H's debt is well covered by operating cash flow (635.3%).
Interest Coverage: 10H's interest payments on its debt are not well covered by EBIT (1.4x coverage).