Peab Balance Sheet Health
Financial Health criteria checks 4/6
Peab has a total shareholder equity of SEK15.3B and total debt of SEK13.0B, which brings its debt-to-equity ratio to 85%. Its total assets and total liabilities are SEK49.1B and SEK33.8B respectively. Peab's EBIT is SEK2.1B making its interest coverage ratio 6. It has cash and short-term investments of SEK844.0M.
Key information
85.0%
Debt to equity ratio
SEK 13.02b
Debt
| Interest coverage ratio | 6x |
| Cash | SEK 844.00m |
| Equity | SEK 15.32b |
| Total liabilities | SEK 33.81b |
| Total assets | SEK 49.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PEABBS's short term assets (SEK33.7B) exceed its short term liabilities (SEK23.6B).
Long Term Liabilities: PEABBS's short term assets (SEK33.7B) exceed its long term liabilities (SEK10.3B).
Debt to Equity History and Analysis
Debt Level: PEABBS's net debt to equity ratio (79.5%) is considered high.
Reducing Debt: PEABBS's debt to equity ratio has increased from 69.2% to 85% over the past 5 years.
Debt Coverage: PEABBS's debt is well covered by operating cash flow (51.9%).
Interest Coverage: PEABBS's interest payments on its debt are well covered by EBIT (6x coverage).