Investment AB Latour Balance Sheet Health
Financial Health criteria checks 5/6
Investment AB Latour has a total shareholder equity of SEK40.9B and total debt of SEK12.0B, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are SEK60.3B and SEK19.4B respectively. Investment AB Latour's EBIT is SEK3.7B making its interest coverage ratio 10.4. It has cash and short-term investments of SEK2.2B.
Key information
29.5%
Debt to equity ratio
SEK 12.05b
Debt
| Interest coverage ratio | 10.4x |
| Cash | SEK 2.24b |
| Equity | SEK 40.90b |
| Total liabilities | SEK 19.37b |
| Total assets | SEK 60.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LATOBS's short term assets (SEK12.0B) exceed its short term liabilities (SEK9.4B).
Long Term Liabilities: LATOBS's short term assets (SEK12.0B) exceed its long term liabilities (SEK9.9B).
Debt to Equity History and Analysis
Debt Level: LATOBS's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: LATOBS's debt to equity ratio has increased from 24.9% to 29.5% over the past 5 years.
Debt Coverage: LATOBS's debt is well covered by operating cash flow (38.2%).
Interest Coverage: LATOBS's interest payments on its debt are well covered by EBIT (10.4x coverage).