Sweco Balance Sheet Health
Financial Health criteria checks 6/6
Sweco has a total shareholder equity of SEK11.2B and total debt of SEK4.1B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are SEK26.6B and SEK15.4B respectively. Sweco's EBIT is SEK2.9B making its interest coverage ratio 11.4. It has cash and short-term investments of SEK615.0M.
Key information
37.0%
Debt to equity ratio
SEK 4.15b
Debt
| Interest coverage ratio | 11.4x |
| Cash | SEK 615.00m |
| Equity | SEK 11.20b |
| Total liabilities | SEK 15.39b |
| Total assets | SEK 26.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SWECBS's short term assets (SEK11.0B) exceed its short term liabilities (SEK9.3B).
Long Term Liabilities: SWECBS's short term assets (SEK11.0B) exceed its long term liabilities (SEK6.1B).
Debt to Equity History and Analysis
Debt Level: SWECBS's net debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: SWECBS's debt to equity ratio has reduced from 45.2% to 37% over the past 5 years.
Debt Coverage: SWECBS's debt is well covered by operating cash flow (83.3%).
Interest Coverage: SWECBS's interest payments on its debt are well covered by EBIT (11.4x coverage).