AcadeMedia Balance Sheet Health
Financial Health criteria checks 3/6
AcadeMedia has a total shareholder equity of SEK6.0B and total debt of SEK2.5B, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are SEK23.2B and SEK17.1B respectively. AcadeMedia's EBIT is SEK1.4B making its interest coverage ratio 2.3. It has cash and short-term investments of SEK1.2B.
Key information
40.8%
Debt to equity ratio
kr2.46b
Debt
Interest coverage ratio | 2.3x |
Cash | kr1.24b |
Equity | kr6.03b |
Total liabilities | kr17.12b |
Total assets | kr23.15b |
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 (SEK5.4B).
Long Term Liabilities: V8T's short term assets (SEK2.4B) do not cover its long term liabilities (SEK11.7B).
Debt to Equity History and Analysis
Debt Level: V8T's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: V8T's debt to equity ratio has reduced from 63.3% to 40.8% over the past 5 years.
Debt Coverage: V8T's debt is well covered by operating cash flow (129.8%).
Interest Coverage: V8T's interest payments on its debt are not well covered by EBIT (2.3x coverage).