L E Lundbergföretagen Balance Sheet Health
Financial Health criteria checks 5/6
L E Lundbergföretagen has a total shareholder equity of SEK160.3B and total debt of SEK18.9B, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are SEK216.1B and SEK55.8B respectively. L E Lundbergföretagen's EBIT is SEK13.3B making its interest coverage ratio 24.8. It has cash and short-term investments of SEK2.0B.
Key information
11.8%
Debt to equity ratio
kr18.91b
Debt
Interest coverage ratio | 24.8x |
Cash | kr2.03b |
Equity | kr160.33b |
Total liabilities | kr55.77b |
Total assets | kr216.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LU3B's short term assets (SEK13.0B) exceed its short term liabilities (SEK11.5B).
Long Term Liabilities: LU3B's short term assets (SEK13.0B) do not cover its long term liabilities (SEK44.2B).
Debt to Equity History and Analysis
Debt Level: LU3B's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: LU3B's debt to equity ratio has reduced from 17.3% to 11.8% over the past 5 years.
Debt Coverage: LU3B's debt is well covered by operating cash flow (52.3%).
Interest Coverage: LU3B's interest payments on its debt are well covered by EBIT (24.8x coverage).