Exsitec Holding Balance Sheet Health
Financial Health criteria checks 5/6
Exsitec Holding has a total shareholder equity of SEK439.9M and total debt of SEK121.1M, which brings its debt-to-equity ratio to 27.5%. Its total assets and total liabilities are SEK856.1M and SEK416.2M respectively. Exsitec Holding's EBIT is SEK112.2M making its interest coverage ratio 14.6. It has cash and short-term investments of SEK29.6M.
Key information
27.5%
Debt to equity ratio
kr121.07m
Debt
Interest coverage ratio | 14.6x |
Cash | kr29.58m |
Equity | kr439.88m |
Total liabilities | kr416.19m |
Total assets | kr856.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1TI's short term assets (SEK207.5M) exceed its short term liabilities (SEK204.3M).
Long Term Liabilities: 1TI's short term assets (SEK207.5M) do not cover its long term liabilities (SEK211.9M).
Debt to Equity History and Analysis
Debt Level: 1TI's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: 1TI's debt to equity ratio has reduced from 45.5% to 27.5% over the past 5 years.
Debt Coverage: 1TI's debt is well covered by operating cash flow (86.5%).
Interest Coverage: 1TI's interest payments on its debt are well covered by EBIT (14.6x coverage).