Lindab International Balance Sheet Health
Financial Health criteria checks 5/6
Lindab International has a total shareholder equity of SEK7.2B and total debt of SEK2.3B, which brings its debt-to-equity ratio to 31.6%. Its total assets and total liabilities are SEK13.6B and SEK6.3B respectively. Lindab International's EBIT is SEK1.2B making its interest coverage ratio 7. It has cash and short-term investments of SEK587.0M.
Key information
31.6%
Debt to equity ratio
kr2.29b
Debt
Interest coverage ratio | 7x |
Cash | kr587.00m |
Equity | kr7.24b |
Total liabilities | kr6.32b |
Total assets | kr13.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LIABS's short term assets (SEK5.3B) exceed its short term liabilities (SEK2.6B).
Long Term Liabilities: LIABS's short term assets (SEK5.3B) exceed its long term liabilities (SEK3.8B).
Debt to Equity History and Analysis
Debt Level: LIABS's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: LIABS's debt to equity ratio has increased from 25% to 31.6% over the past 5 years.
Debt Coverage: LIABS's debt is well covered by operating cash flow (74.8%).
Interest Coverage: LIABS's interest payments on its debt are well covered by EBIT (7x coverage).