Biotage Balance Sheet Health
Financial Health criteria checks 6/6
Biotage has a total shareholder equity of SEK3.9B and total debt of SEK150.0M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are SEK5.1B and SEK1.3B respectively. Biotage's EBIT is SEK347.0M making its interest coverage ratio 11.2. It has cash and short-term investments of SEK683.0M.
Key information
3.9%
Debt to equity ratio
kr150.00m
Debt
| Interest coverage ratio | 11.2x |
| Cash | kr683.00m |
| Equity | kr3.89b |
| Total liabilities | kr1.26b |
| Total assets | kr5.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PQX1's short term assets (SEK1.5B) exceed its short term liabilities (SEK691.0M).
Long Term Liabilities: PQX1's short term assets (SEK1.5B) exceed its long term liabilities (SEK567.0M).
Debt to Equity History and Analysis
Debt Level: PQX1 has more cash than its total debt.
Reducing Debt: PQX1's debt to equity ratio has reduced from 13.2% to 3.9% over the past 5 years.
Debt Coverage: PQX1's debt is well covered by operating cash flow (254%).
Interest Coverage: PQX1's interest payments on its debt are well covered by EBIT (11.2x coverage).