Scandinavian Brake Systems Balance Sheet Health
Financial Health criteria checks 5/6
Scandinavian Brake Systems has a total shareholder equity of DKK20.0M and total debt of DKK24.3M, which brings its debt-to-equity ratio to 121.5%. Its total assets and total liabilities are DKK44.7M and DKK24.7M respectively.
Key information
121.5%
Debt to equity ratio
kr.24.30m
Debt
Interest coverage ratio | n/a |
Cash | kr.43.90m |
Equity | kr.20.00m |
Total liabilities | kr.24.70m |
Total assets | kr.44.70m |
Financial Position Analysis
Short Term Liabilities: SBS's short term assets (DKK44.7M) exceed its short term liabilities (DKK24.7M).
Long Term Liabilities: SBS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SBS has more cash than its total debt.
Reducing Debt: SBS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SBS's debt is well covered by operating cash flow (815.6%).
Interest Coverage: Insufficient data to determine if SBS's interest payments on its debt are well covered by EBIT.