Cedergrenska Balance Sheet Health
Financial Health criteria checks 5/6
Cedergrenska has a total shareholder equity of SEK134.6M and total debt of SEK25.1M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are SEK296.1M and SEK161.5M respectively. Cedergrenska's EBIT is SEK19.1M making its interest coverage ratio 6.2. It has cash and short-term investments of SEK61.7M.
Key information
18.6%
Debt to equity ratio
SEK 25.06m
Debt
| Interest coverage ratio | 6.2x |
| Cash | SEK 61.66m |
| Equity | SEK 134.62m |
| Total liabilities | SEK 161.48m |
| Total assets | SEK 296.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 41C's short term assets (SEK121.1M) do not cover its short term liabilities (SEK143.9M).
Long Term Liabilities: 41C's short term assets (SEK121.1M) exceed its long term liabilities (SEK17.5M).
Debt to Equity History and Analysis
Debt Level: 41C has more cash than its total debt.
Reducing Debt: 41C's debt to equity ratio has reduced from 163.4% to 18.6% over the past 5 years.
Debt Coverage: 41C's debt is well covered by operating cash flow (308.3%).
Interest Coverage: 41C's interest payments on its debt are well covered by EBIT (6.2x coverage).