Dustin Group Balance Sheet Health
Financial Health criteria checks 4/6
Dustin Group has a total shareholder equity of SEK7.1B and total debt of SEK3.5B, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are SEK15.9B and SEK8.7B respectively. Dustin Group's EBIT is SEK520.9M making its interest coverage ratio 2. It has cash and short-term investments of SEK1.0B.
Key information
49.2%
Debt to equity ratio
kr3.50b
Debt
Interest coverage ratio | 2x |
Cash | kr1.03b |
Equity | kr7.12b |
Total liabilities | kr8.74b |
Total assets | kr15.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9DG's short term assets (SEK5.6B) exceed its short term liabilities (SEK4.7B).
Long Term Liabilities: 9DG's short term assets (SEK5.6B) exceed its long term liabilities (SEK4.0B).
Debt to Equity History and Analysis
Debt Level: 9DG's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: 9DG's debt to equity ratio has reduced from 92.4% to 49.2% over the past 5 years.
Debt Coverage: 9DG's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: 9DG's interest payments on its debt are not well covered by EBIT (2x coverage).