Sectra Balance Sheet Health
Financial Health criteria checks 6/6
Sectra has a total shareholder equity of SEK1.7B and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK3.2B and SEK1.5B respectively. Sectra's EBIT is SEK554.4M making its interest coverage ratio -26.7. It has cash and short-term investments of SEK699.4M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | -26.7x |
| Cash | SEK 699.36m |
| Equity | SEK 1.65b |
| Total liabilities | SEK 1.52b |
| Total assets | SEK 3.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 61L0's short term assets (SEK2.4B) exceed its short term liabilities (SEK1.4B).
Long Term Liabilities: 61L0's short term assets (SEK2.4B) exceed its long term liabilities (SEK73.3M).
Debt to Equity History and Analysis
Debt Level: 61L0 is debt free.
Reducing Debt: 61L0 has no debt compared to 5 years ago when its debt to equity ratio was 0.9%.
Debt Coverage: 61L0 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 61L0 has no debt, therefore coverage of interest payments is not a concern.