Svitzer Group Balance Sheet Health
Financial Health criteria checks 3/6
Svitzer Group has a total shareholder equity of DKK6.8B and total debt of DKK4.0B, which brings its debt-to-equity ratio to 59.3%. Its total assets and total liabilities are DKK12.4B and DKK5.6B respectively. Svitzer Group's EBIT is DKK841.0M making its interest coverage ratio 5.8. It has cash and short-term investments of DKK805.0M.
Key information
59.3%
Debt to equity ratio
DKK 4.03b
Debt
| Interest coverage ratio | 5.8x |
| Cash | DKK 805.00m |
| Equity | DKK 6.80b |
| Total liabilities | DKK 5.62b |
| Total assets | DKK 12.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9Y1's short term assets (DKK2.0B) exceed its short term liabilities (DKK1.0B).
Long Term Liabilities: 9Y1's short term assets (DKK2.0B) do not cover its long term liabilities (DKK4.6B).
Debt to Equity History and Analysis
Debt Level: 9Y1's net debt to equity ratio (47.4%) is considered high.
Reducing Debt: Insufficient data to determine if 9Y1's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9Y1's debt is well covered by operating cash flow (35.5%).
Interest Coverage: 9Y1's interest payments on its debt are well covered by EBIT (5.8x coverage).