Arla Plast Balance Sheet Health
Financial Health criteria checks 6/6
Arla Plast has a total shareholder equity of SEK610.8M and total debt of SEK155.6M, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are SEK1.1B and SEK467.2M respectively. Arla Plast's EBIT is SEK106.8M making its interest coverage ratio -178. It has cash and short-term investments of SEK109.4M.
Key information
25.5%
Debt to equity ratio
SEK 155.60m
Debt
| Interest coverage ratio | -178x |
| Cash | SEK 109.40m |
| Equity | SEK 610.80m |
| Total liabilities | SEK 467.20m |
| Total assets | SEK 1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7JB's short term assets (SEK719.5M) exceed its short term liabilities (SEK348.2M).
Long Term Liabilities: 7JB's short term assets (SEK719.5M) exceed its long term liabilities (SEK119.0M).
Debt to Equity History and Analysis
Debt Level: 7JB's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: 7JB's debt to equity ratio has reduced from 27.5% to 25.5% over the past 5 years.
Debt Coverage: 7JB's debt is well covered by operating cash flow (87.8%).
Interest Coverage: 7JB earns more interest than it pays, so coverage of interest payments is not a concern.