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Holmen Balance Sheet Health
Financial Health criteria checks 5/6
Holmen has a total shareholder equity of SEK53.5B and total debt of SEK3.4B, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are SEK79.2B and SEK25.7B respectively. Holmen's EBIT is SEK6.4B making its interest coverage ratio 213.7. It has cash and short-term investments of SEK3.2B.
Key information
6.4%
Debt to equity ratio
kr3.45b
Debt
Interest coverage ratio | 213.7x |
Cash | kr3.21b |
Equity | kr53.55b |
Total liabilities | kr25.69b |
Total assets | kr79.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HL9's short term assets (SEK14.4B) exceed its short term liabilities (SEK9.1B).
Long Term Liabilities: HL9's short term assets (SEK14.4B) do not cover its long term liabilities (SEK16.6B).
Debt to Equity History and Analysis
Debt Level: HL9's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: HL9's debt to equity ratio has reduced from 14.7% to 6.4% over the past 5 years.
Debt Coverage: HL9's debt is well covered by operating cash flow (181.3%).
Interest Coverage: HL9's interest payments on its debt are well covered by EBIT (213.7x coverage).