KABE Group AB (publ.) Balance Sheet Health
Financial Health criteria checks 5/6
KABE Group AB (publ.) has a total shareholder equity of SEK1.7B and total debt of SEK66.0M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are SEK2.7B and SEK978.0M respectively. KABE Group AB (publ.)'s EBIT is SEK280.0M making its interest coverage ratio -14. It has cash and short-term investments of SEK260.0M.
Key information
3.9%
Debt to equity ratio
SEK 66.00m
Debt
| Interest coverage ratio | -14x |
| Cash | SEK 260.00m |
| Equity | SEK 1.70b |
| Total liabilities | SEK 978.00m |
| Total assets | SEK 2.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0L9Z's short term assets (SEK2.0B) exceed its short term liabilities (SEK836.0M).
Long Term Liabilities: 0L9Z's short term assets (SEK2.0B) exceed its long term liabilities (SEK142.0M).
Debt to Equity History and Analysis
Debt Level: 0L9Z has more cash than its total debt.
Reducing Debt: 0L9Z's debt to equity ratio has reduced from 11.8% to 3.9% over the past 5 years.
Debt Coverage: 0L9Z's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0L9Z earns more interest than it pays, so coverage of interest payments is not a concern.