Lagercrantz Group Balance Sheet Health
Financial Health criteria checks 4/6
Lagercrantz Group has a total shareholder equity of SEK3.4B and total debt of SEK3.2B, which brings its debt-to-equity ratio to 95.9%. Its total assets and total liabilities are SEK10.0B and SEK6.7B respectively. Lagercrantz Group's EBIT is SEK1.3B making its interest coverage ratio 9.1. It has cash and short-term investments of SEK394.0M.
Key information
95.9%
Debt to equity ratio
SEK 3.24b
Debt
| Interest coverage ratio | 9.1x |
| Cash | SEK 394.00m |
| Equity | SEK 3.38b |
| Total liabilities | SEK 6.65b |
| Total assets | SEK 10.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LG72's short term assets (SEK3.6B) exceed its short term liabilities (SEK3.2B).
Long Term Liabilities: LG72's short term assets (SEK3.6B) exceed its long term liabilities (SEK3.5B).
Debt to Equity History and Analysis
Debt Level: LG72's net debt to equity ratio (84.3%) is considered high.
Reducing Debt: LG72's debt to equity ratio has increased from 0% to 95.9% over the past 5 years.
Debt Coverage: LG72's debt is well covered by operating cash flow (38.3%).
Interest Coverage: LG72's interest payments on its debt are well covered by EBIT (9.1x coverage).