Magle Chemoswed Holding Balance Sheet Health
Financial Health criteria checks 5/6
Magle Chemoswed Holding has a total shareholder equity of SEK161.4M and total debt of SEK58.7M, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are SEK290.7M and SEK129.3M respectively. Magle Chemoswed Holding's EBIT is SEK18.3M making its interest coverage ratio 6.5. It has cash and short-term investments of SEK6.0M.
Key information
36.3%
Debt to equity ratio
kr58.65m
Debt
Interest coverage ratio | 6.5x |
Cash | kr6.01m |
Equity | kr161.42m |
Total liabilities | kr129.27m |
Total assets | kr290.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 52X's short term assets (SEK82.9M) exceed its short term liabilities (SEK78.3M).
Long Term Liabilities: 52X's short term assets (SEK82.9M) exceed its long term liabilities (SEK51.0M).
Debt to Equity History and Analysis
Debt Level: 52X's net debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: 52X's debt to equity ratio has increased from 9.4% to 36.3% over the past 5 years.
Debt Coverage: 52X's debt is well covered by operating cash flow (30.5%).
Interest Coverage: 52X's interest payments on its debt are well covered by EBIT (6.5x coverage).