Elanders Balance Sheet Health
Financial Health criteria checks 1/6
Elanders has a total shareholder equity of SEK3.9B and total debt of SEK10.0B, which brings its debt-to-equity ratio to 253.7%. Its total assets and total liabilities are SEK16.5B and SEK12.6B respectively. Elanders's EBIT is SEK829.4M making its interest coverage ratio 1.8. It has cash and short-term investments of SEK1.1B.
Key information
253.7%
Debt to equity ratio
SEK 9.99b
Debt
| Interest coverage ratio | 1.8x |
| Cash | SEK 1.07b |
| Equity | SEK 3.94b |
| Total liabilities | SEK 12.57b |
| Total assets | SEK 16.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EA5B's short term assets (SEK4.2B) exceed its short term liabilities (SEK3.4B).
Long Term Liabilities: EA5B's short term assets (SEK4.2B) do not cover its long term liabilities (SEK9.1B).
Debt to Equity History and Analysis
Debt Level: EA5B's net debt to equity ratio (226.6%) is considered high.
Reducing Debt: EA5B's debt to equity ratio has increased from 176% to 253.7% over the past 5 years.
Debt Coverage: EA5B's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: EA5B's interest payments on its debt are not well covered by EBIT (1.8x coverage).