Bulten Balance Sheet Health
Financial Health criteria checks 5/6
Bulten has a total shareholder equity of SEK1.8B and total debt of SEK847.0M, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are SEK4.4B and SEK2.5B respectively. Bulten's EBIT is SEK168.0M making its interest coverage ratio 9.9. It has cash and short-term investments of SEK451.0M.
Key information
46.4%
Debt to equity ratio
SEK 847.00m
Debt
| Interest coverage ratio | 9.9x |
| Cash | SEK 451.00m |
| Equity | SEK 1.83b |
| Total liabilities | SEK 2.53b |
| Total assets | SEK 4.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BULTES's short term assets (SEK2.6B) exceed its short term liabilities (SEK1.7B).
Long Term Liabilities: BULTES's short term assets (SEK2.6B) exceed its long term liabilities (SEK880.0M).
Debt to Equity History and Analysis
Debt Level: BULTES's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: BULTES's debt to equity ratio has increased from 3.6% to 46.4% over the past 5 years.
Debt Coverage: BULTES's debt is well covered by operating cash flow (35.2%).
Interest Coverage: BULTES's interest payments on its debt are well covered by EBIT (9.9x coverage).