KABE Group AB (publ.) Balance Sheet Health
Financial Health criteria checks 6/6
KABE Group AB (publ.) has a total shareholder equity of SEK1.4B and total debt of SEK76.0M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are SEK2.3B and SEK921.0M respectively. KABE Group AB (publ.)'s EBIT is SEK264.0M making its interest coverage ratio 264. It has cash and short-term investments of SEK516.0M.
Key information
5.6%
Debt to equity ratio
SEK 76.00m
Debt
| Interest coverage ratio | 264x |
| Cash | SEK 516.00m |
| Equity | SEK 1.36b |
| Total liabilities | SEK 921.00m |
| Total assets | SEK 2.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KABEBS's short term assets (SEK1.7B) exceed its short term liabilities (SEK780.0M).
Long Term Liabilities: KABEBS's short term assets (SEK1.7B) exceed its long term liabilities (SEK141.0M).
Debt to Equity History and Analysis
Debt Level: KABEBS has more cash than its total debt.
Reducing Debt: KABEBS's debt to equity ratio has reduced from 14% to 5.6% over the past 5 years.
Debt Coverage: KABEBS's debt is well covered by operating cash flow (497.4%).
Interest Coverage: KABEBS's interest payments on its debt are well covered by EBIT (264x coverage).