Indutrade Balance Sheet Health
Financial Health criteria checks 5/6
Indutrade has a total shareholder equity of SEK15.1B and total debt of SEK9.2B, which brings its debt-to-equity ratio to 61.2%. Its total assets and total liabilities are SEK33.1B and SEK18.1B respectively. Indutrade's EBIT is SEK3.9B making its interest coverage ratio 8.3. It has cash and short-term investments of SEK1.7B.
Key information
61.2%
Debt to equity ratio
SEK 9.21b
Debt
| Interest coverage ratio | 8.3x |
| Cash | SEK 1.70b |
| Equity | SEK 15.07b |
| Total liabilities | SEK 18.07b |
| Total assets | SEK 33.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INDTs's short term assets (SEK14.3B) exceed its short term liabilities (SEK8.9B).
Long Term Liabilities: INDTs's short term assets (SEK14.3B) exceed its long term liabilities (SEK9.2B).
Debt to Equity History and Analysis
Debt Level: INDTs's net debt to equity ratio (49.9%) is considered high.
Reducing Debt: INDTs's debt to equity ratio has reduced from 104.6% to 61.2% over the past 5 years.
Debt Coverage: INDTs's debt is well covered by operating cash flow (46.3%).
Interest Coverage: INDTs's interest payments on its debt are well covered by EBIT (8.3x coverage).