Holmen Balance Sheet Health
Financial Health criteria checks 5/6
Holmen has a total shareholder equity of SEK51.3B and total debt of SEK4.1B, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are SEK74.4B and SEK23.2B respectively. Holmen's EBIT is SEK5.2B making its interest coverage ratio 70.8. It has cash and short-term investments of SEK464.0M.
Key information
7.9%
Debt to equity ratio
kr4.06b
Debt
Interest coverage ratio | 70.8x |
Cash | kr464.00m |
Equity | kr51.26b |
Total liabilities | kr23.19b |
Total assets | kr74.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HL9's short term assets (SEK14.5B) exceed its short term liabilities (SEK6.6B).
Long Term Liabilities: HL9's short term assets (SEK14.5B) do not cover its long term liabilities (SEK16.6B).
Debt to Equity History and Analysis
Debt Level: HL9's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: HL9's debt to equity ratio has reduced from 19.2% to 7.9% over the past 5 years.
Debt Coverage: HL9's debt is well covered by operating cash flow (117%).
Interest Coverage: HL9's interest payments on its debt are well covered by EBIT (70.8x coverage).