AcadeMedia Balance Sheet Health
Financial Health criteria checks 3/6
AcadeMedia has a total shareholder equity of SEK6.3B and total debt of SEK2.2B, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are SEK23.3B and SEK17.0B respectively. AcadeMedia's EBIT is SEK1.5B making its interest coverage ratio 2.3. It has cash and short-term investments of SEK1.0B.
Key information
34.2%
Debt to equity ratio
SEK 2.16b
Debt
| Interest coverage ratio | 2.3x |
| Cash | SEK 1.05b |
| Equity | SEK 6.32b |
| Total liabilities | SEK 17.02b |
| Total assets | SEK 23.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: V8T's short term assets (SEK2.4B) do not cover its short term liabilities (SEK5.1B).
Long Term Liabilities: V8T's short term assets (SEK2.4B) do not cover its long term liabilities (SEK11.9B).
Debt to Equity History and Analysis
Debt Level: V8T's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: V8T's debt to equity ratio has reduced from 63.3% to 34.2% over the past 5 years.
Debt Coverage: V8T's debt is well covered by operating cash flow (163.1%).
Interest Coverage: V8T's interest payments on its debt are not well covered by EBIT (2.3x coverage).