Scandi Standard Balance Sheet Health
Financial Health criteria checks 4/6
Scandi Standard has a total shareholder equity of SEK2.4B and total debt of SEK1.2B, which brings its debt-to-equity ratio to 50.5%. Its total assets and total liabilities are SEK6.7B and SEK4.3B respectively. Scandi Standard's EBIT is SEK439.0M making its interest coverage ratio 3.1. It has cash and short-term investments of SEK4.0M.
Key information
50.5%
Debt to equity ratio
kr1.21b
Debt
Interest coverage ratio | 3.1x |
Cash | kr4.00m |
Equity | kr2.40b |
Total liabilities | kr4.25b |
Total assets | kr6.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0SL's short term assets (SEK2.2B) do not cover its short term liabilities (SEK2.5B).
Long Term Liabilities: 0SL's short term assets (SEK2.2B) exceed its long term liabilities (SEK1.8B).
Debt to Equity History and Analysis
Debt Level: 0SL's net debt to equity ratio (50.3%) is considered high.
Reducing Debt: 0SL's debt to equity ratio has reduced from 123.5% to 50.5% over the past 5 years.
Debt Coverage: 0SL's debt is well covered by operating cash flow (76.2%).
Interest Coverage: 0SL's interest payments on its debt are well covered by EBIT (3.1x coverage).