SSAB Balance Sheet Health
Financial Health criteria checks 6/6
SSAB has a total shareholder equity of SEK67.9B and total debt of SEK6.5B, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are SEK104.8B and SEK36.9B respectively. SSAB's EBIT is SEK9.8B making its interest coverage ratio -17. It has cash and short-term investments of SEK23.2B.
Key information
9.5%
Debt to equity ratio
SEK 6.46b
Debt
| Interest coverage ratio | -17x |
| Cash | SEK 23.19b |
| Equity | SEK 67.88b |
| Total liabilities | SEK 36.89b |
| Total assets | SEK 104.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SSABBH's short term assets (SEK69.6B) exceed its short term liabilities (SEK24.6B).
Long Term Liabilities: SSABBH's short term assets (SEK69.6B) exceed its long term liabilities (SEK12.3B).
Debt to Equity History and Analysis
Debt Level: SSABBH has more cash than its total debt.
Reducing Debt: SSABBH's debt to equity ratio has reduced from 24.5% to 9.5% over the past 5 years.
Debt Coverage: SSABBH's debt is well covered by operating cash flow (205.6%).
Interest Coverage: SSABBH earns more interest than it pays, so coverage of interest payments is not a concern.