CTEK Balance Sheet Health
Financial Health criteria checks 2/6
CTEK has a total shareholder equity of SEK951.8M and total debt of SEK496.9M, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are SEK1.8B and SEK825.1M respectively. CTEK's EBIT is SEK16.1M making its interest coverage ratio 0.5. It has cash and short-term investments of SEK174.4M.
Key information
52.2%
Debt to equity ratio
SEK 496.90m
Debt
| Interest coverage ratio | 0.5x |
| Cash | SEK 174.40m |
| Equity | SEK 951.80m |
| Total liabilities | SEK 825.10m |
| Total assets | SEK 1.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTEKS's short term assets (SEK613.3M) exceed its short term liabilities (SEK190.2M).
Long Term Liabilities: CTEKS's short term assets (SEK613.3M) do not cover its long term liabilities (SEK634.9M).
Debt to Equity History and Analysis
Debt Level: CTEKS's net debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CTEKS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CTEKS's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: CTEKS's interest payments on its debt are not well covered by EBIT (0.5x coverage).