Lifco Balance Sheet Health
Financial Health criteria checks 4/6
Lifco has a total shareholder equity of SEK17.0B and total debt of SEK9.2B, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are SEK37.6B and SEK20.6B respectively. Lifco's EBIT is SEK4.8B making its interest coverage ratio 10.2. It has cash and short-term investments of SEK1.6B.
Key information
54.1%
Debt to equity ratio
SEK 9.19b
Debt
| Interest coverage ratio | 10.2x |
| Cash | SEK 1.62b |
| Equity | SEK 16.99b |
| Total liabilities | SEK 20.61b |
| Total assets | SEK 37.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LIFCBs's short term assets (SEK10.4B) do not cover its short term liabilities (SEK12.3B).
Long Term Liabilities: LIFCBs's short term assets (SEK10.4B) exceed its long term liabilities (SEK8.4B).
Debt to Equity History and Analysis
Debt Level: LIFCBs's net debt to equity ratio (44.6%) is considered high.
Reducing Debt: LIFCBs's debt to equity ratio has reduced from 67.9% to 54.1% over the past 5 years.
Debt Coverage: LIFCBs's debt is well covered by operating cash flow (48.2%).
Interest Coverage: LIFCBs's interest payments on its debt are well covered by EBIT (10.2x coverage).