Dedicare Balance Sheet Health
Financial Health criteria checks 5/6
Dedicare has a total shareholder equity of SEK326.1M and total debt of SEK15.2M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are SEK726.9M and SEK400.8M respectively. Dedicare's EBIT is SEK107.4M making its interest coverage ratio 43.6. It has cash and short-term investments of SEK202.3M.
Key information
4.7%
Debt to equity ratio
kr15.20m
Debt
| Interest coverage ratio | 43.6x |
| Cash | kr202.30m |
| Equity | kr326.10m |
| Total liabilities | kr400.80m |
| Total assets | kr726.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CL6's short term assets (SEK529.5M) exceed its short term liabilities (SEK370.7M).
Long Term Liabilities: CL6's short term assets (SEK529.5M) exceed its long term liabilities (SEK30.1M).
Debt to Equity History and Analysis
Debt Level: CL6 has more cash than its total debt.
Reducing Debt: CL6's debt to equity ratio has increased from 0% to 4.7% over the past 5 years.
Debt Coverage: CL6's debt is well covered by operating cash flow (823.7%).
Interest Coverage: CL6's interest payments on its debt are well covered by EBIT (43.6x coverage).