Solid Försäkringsaktiebolag Balance Sheet Health
Financial Health criteria checks 5/6
Solid Försäkringsaktiebolag has a total shareholder equity of SEK482.6M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK1.8B and SEK1.3B respectively. Solid Försäkringsaktiebolag's EBIT is SEK236.3M making its interest coverage ratio 956.9. It has cash and short-term investments of SEK308.6M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | 956.9x |
| Cash | SEK 308.58m |
| Equity | SEK 482.60m |
| Total liabilities | SEK 1.33b |
| Total assets | SEK 1.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RR5's short term assets (SEK656.1M) exceed its short term liabilities (SEK619.2M).
Long Term Liabilities: RR5's short term assets (SEK656.1M) do not cover its long term liabilities (SEK708.7M).
Debt to Equity History and Analysis
Debt Level: RR5 is debt free.
Reducing Debt: RR5 has not had any debt for past 5 years.
Debt Coverage: RR5 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RR5 has no debt, therefore coverage of interest payments is not a concern.