Fastighets AB Balder Balance Sheet Health
Financial Health criteria checks 1/6
Fastighets AB Balder has a total shareholder equity of SEK96.3B and total debt of SEK138.1B, which brings its debt-to-equity ratio to 143.4%. Its total assets and total liabilities are SEK260.5B and SEK164.2B respectively. Fastighets AB Balder's EBIT is SEK8.4B making its interest coverage ratio 1.8. It has cash and short-term investments of SEK5.7B.
Key information
143.4%
Debt to equity ratio
SEK 138.10b
Debt
| Interest coverage ratio | 1.8x |
| Cash | SEK 5.73b |
| Equity | SEK 96.32b |
| Total liabilities | SEK 164.17b |
| Total assets | SEK 260.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 28F0's short term assets (SEK11.4B) do not cover its short term liabilities (SEK23.6B).
Long Term Liabilities: 28F0's short term assets (SEK11.4B) do not cover its long term liabilities (SEK140.5B).
Debt to Equity History and Analysis
Debt Level: 28F0's net debt to equity ratio (137.4%) is considered high.
Reducing Debt: 28F0's debt to equity ratio has reduced from 153% to 143.4% over the past 5 years.
Debt Coverage: 28F0's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: 28F0's interest payments on its debt are not well covered by EBIT (1.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 09:11 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Fastighets AB Balder (publ) is covered by 14 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tobias Kaj | ABG Sundal Collier |
| Johan Biehl | ABG Sundal Collier Sponsored |
| Erik Granström | Carnegie Investment Bank AB |