Careium Balance Sheet Health
Financial Health criteria checks 5/6
Careium has a total shareholder equity of SEK630.3M and total debt of SEK225.9M, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are SEK1.0B and SEK410.7M respectively. Careium's EBIT is SEK71.1M making its interest coverage ratio 5.6. It has cash and short-term investments of SEK46.4M.
Key information
35.8%
Debt to equity ratio
kr225.90m
Debt
Interest coverage ratio | 5.6x |
Cash | kr46.40m |
Equity | kr630.30m |
Total liabilities | kr410.70m |
Total assets | kr1.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: I81's short term assets (SEK283.7M) exceed its short term liabilities (SEK184.9M).
Long Term Liabilities: I81's short term assets (SEK283.7M) exceed its long term liabilities (SEK225.8M).
Debt to Equity History and Analysis
Debt Level: I81's net debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if I81's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: I81's debt is well covered by operating cash flow (45.6%).
Interest Coverage: I81's interest payments on its debt are well covered by EBIT (5.6x coverage).