Addtech AB (publ.) Balance Sheet Health
Financial Health criteria checks 4/6
Addtech AB (publ.) has a total shareholder equity of SEK6.5B and total debt of SEK5.2B, which brings its debt-to-equity ratio to 80.7%. Its total assets and total liabilities are SEK16.7B and SEK10.2B respectively. Addtech AB (publ.)'s EBIT is SEK2.4B making its interest coverage ratio 10. It has cash and short-term investments of SEK798.0M.
Key information
80.7%
Debt to equity ratio
SEK 5.23b
Debt
| Interest coverage ratio | 10x |
| Cash | SEK 798.00m |
| Equity | SEK 6.48b |
| Total liabilities | SEK 10.18b |
| Total assets | SEK 16.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADDTBs's short term assets (SEK7.8B) exceed its short term liabilities (SEK5.3B).
Long Term Liabilities: ADDTBs's short term assets (SEK7.8B) exceed its long term liabilities (SEK4.9B).
Debt to Equity History and Analysis
Debt Level: ADDTBs's net debt to equity ratio (68.3%) is considered high.
Reducing Debt: ADDTBs's debt to equity ratio has increased from 79.2% to 80.7% over the past 5 years.
Debt Coverage: ADDTBs's debt is well covered by operating cash flow (49.3%).
Interest Coverage: ADDTBs's interest payments on its debt are well covered by EBIT (10x coverage).