CombinedX Balance Sheet Health
Financial Health criteria checks 6/6
CombinedX has a total shareholder equity of SEK418.3M and total debt of SEK69.0M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are SEK749.7M and SEK331.4M respectively. CombinedX's EBIT is SEK75.8M making its interest coverage ratio 252.7. It has cash and short-term investments of SEK80.5M.
Key information
16.5%
Debt to equity ratio
kr69.00m
Debt
Interest coverage ratio | 252.7x |
Cash | kr80.50m |
Equity | kr418.30m |
Total liabilities | kr331.40m |
Total assets | kr749.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K13's short term assets (SEK321.0M) exceed its short term liabilities (SEK243.9M).
Long Term Liabilities: K13's short term assets (SEK321.0M) exceed its long term liabilities (SEK87.5M).
Debt to Equity History and Analysis
Debt Level: K13 has more cash than its total debt.
Reducing Debt: K13's debt to equity ratio has reduced from 22.4% to 16.5% over the past 5 years.
Debt Coverage: K13's debt is well covered by operating cash flow (101.3%).
Interest Coverage: K13's interest payments on its debt are well covered by EBIT (252.7x coverage).