Svitzer Group Balance Sheet Health
Financial Health criteria checks 3/6
Svitzer Group has a total shareholder equity of DKK6.4B and total debt of DKK6.4B, which brings its debt-to-equity ratio to 99.8%. Its total assets and total liabilities are DKK14.4B and DKK8.0B respectively. Svitzer Group's EBIT is DKK851.0M making its interest coverage ratio -16.4. It has cash and short-term investments of DKK318.0M.
Key information
99.8%
Debt to equity ratio
DKK 6.37b
Debt
Interest coverage ratio | -16.4x |
Cash | DKK 318.00m |
Equity | DKK 6.38b |
Total liabilities | DKK 8.00b |
Total assets | DKK 14.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SVITZR's short term assets (DKK4.2B) do not cover its short term liabilities (DKK6.9B).
Long Term Liabilities: SVITZR's short term assets (DKK4.2B) exceed its long term liabilities (DKK1.1B).
Debt to Equity History and Analysis
Debt Level: SVITZR's net debt to equity ratio (94.8%) is considered high.
Reducing Debt: Insufficient data to determine if SVITZR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SVITZR's debt is well covered by operating cash flow (22.2%).
Interest Coverage: SVITZR earns more interest than it pays, so coverage of interest payments is not a concern.