Acrinova Balance Sheet Health
Financial Health criteria checks 0/6
Acrinova has a total shareholder equity of SEK950.7M and total debt of SEK1.0B, which brings its debt-to-equity ratio to 105.6%. Its total assets and total liabilities are SEK2.1B and SEK1.1B respectively. Acrinova's EBIT is SEK85.6M making its interest coverage ratio 1.2. It has cash and short-term investments of SEK58.4M.
Key information
105.6%
Debt to equity ratio
SEK 1.00b
Debt
| Interest coverage ratio | 1.2x |
| Cash | SEK 58.43m |
| Equity | SEK 950.66m |
| Total liabilities | SEK 1.14b |
| Total assets | SEK 2.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9M0's short term assets (SEK81.9M) do not cover its short term liabilities (SEK456.8M).
Long Term Liabilities: 9M0's short term assets (SEK81.9M) do not cover its long term liabilities (SEK681.3M).
Debt to Equity History and Analysis
Debt Level: 9M0's net debt to equity ratio (99.4%) is considered high.
Reducing Debt: 9M0's debt to equity ratio has increased from 95.2% to 105.6% over the past 5 years.
Debt Coverage: 9M0's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: 9M0's interest payments on its debt are not well covered by EBIT (1.2x coverage).