Fagerhult Group Balance Sheet Health
Financial Health criteria checks 6/6
Fagerhult Group has a total shareholder equity of SEK7.5B and total debt of SEK3.8B, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are SEK13.6B and SEK6.1B respectively. Fagerhult Group's EBIT is SEK877.5M making its interest coverage ratio 6.9. It has cash and short-term investments of SEK1.3B.
Key information
50.4%
Debt to equity ratio
kr3.79b
Debt
Interest coverage ratio | 6.9x |
Cash | kr1.32b |
Equity | kr7.52b |
Total liabilities | kr6.06b |
Total assets | kr13.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FAGS's short term assets (SEK4.6B) exceed its short term liabilities (SEK2.0B).
Long Term Liabilities: FAGS's short term assets (SEK4.6B) exceed its long term liabilities (SEK4.1B).
Debt to Equity History and Analysis
Debt Level: FAGS's net debt to equity ratio (32.8%) is considered satisfactory.
Reducing Debt: FAGS's debt to equity ratio has reduced from 207.5% to 50.4% over the past 5 years.
Debt Coverage: FAGS's debt is well covered by operating cash flow (29.5%).
Interest Coverage: FAGS's interest payments on its debt are well covered by EBIT (6.9x coverage).