Neobo Fastigheter Balance Sheet Health
Financial Health criteria checks 1/6
Neobo Fastigheter has a total shareholder equity of SEK6.3B and total debt of SEK7.1B, which brings its debt-to-equity ratio to 113.3%. Its total assets and total liabilities are SEK14.1B and SEK7.8B respectively. Neobo Fastigheter's EBIT is SEK376.0M making its interest coverage ratio 0.8. It has cash and short-term investments of SEK113.0M.
Key information
113.3%
Debt to equity ratio
SEK 7.13b
Debt
Interest coverage ratio | 0.8x |
Cash | SEK 113.00m |
Equity | SEK 6.30b |
Total liabilities | SEK 7.77b |
Total assets | SEK 14.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4M2B's short term assets (SEK164.0M) do not cover its short term liabilities (SEK1.3B).
Long Term Liabilities: 4M2B's short term assets (SEK164.0M) do not cover its long term liabilities (SEK6.5B).
Debt to Equity History and Analysis
Debt Level: 4M2B's net debt to equity ratio (111.5%) is considered high.
Reducing Debt: 4M2B's debt to equity ratio has reduced from 162.4% to 113.3% over the past 5 years.
Debt Coverage: 4M2B's debt is not well covered by operating cash flow (1.7%).
Interest Coverage: 4M2B's interest payments on its debt are not well covered by EBIT (0.8x coverage).