SkiStar Balance Sheet Health
Financial Health criteria checks 3/6
SkiStar has a total shareholder equity of SEK3.7B and total debt of SEK1.9B, which brings its debt-to-equity ratio to 52.5%. Its total assets and total liabilities are SEK8.7B and SEK5.0B respectively. SkiStar's EBIT is SEK944.4M making its interest coverage ratio 5.7. It has cash and short-term investments of SEK24.6M.
Key information
52.5%
Debt to equity ratio
SEK 1.92b
Debt
| Interest coverage ratio | 5.7x |
| Cash | SEK 24.63m |
| Equity | SEK 3.66b |
| Total liabilities | SEK 5.03b |
| Total assets | SEK 8.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3AJ's short term assets (SEK775.3M) do not cover its short term liabilities (SEK1.9B).
Long Term Liabilities: 3AJ's short term assets (SEK775.3M) do not cover its long term liabilities (SEK3.1B).
Debt to Equity History and Analysis
Debt Level: 3AJ's net debt to equity ratio (51.8%) is considered high.
Reducing Debt: 3AJ's debt to equity ratio has reduced from 68.3% to 52.5% over the past 5 years.
Debt Coverage: 3AJ's debt is well covered by operating cash flow (56.5%).
Interest Coverage: 3AJ's interest payments on its debt are well covered by EBIT (5.7x coverage).