XANO Industri Balance Sheet Health
Financial Health criteria checks 5/6
XANO Industri has a total shareholder equity of SEK1.7B and total debt of SEK1.2B, which brings its debt-to-equity ratio to 74.8%. Its total assets and total liabilities are SEK4.0B and SEK2.3B respectively. XANO Industri's EBIT is SEK194.9M making its interest coverage ratio 3.3. It has cash and short-term investments of SEK262.0M.
Key information
74.8%
Debt to equity ratio
SEK 1.24b
Debt
| Interest coverage ratio | 3.3x |
| Cash | SEK 262.00m |
| Equity | SEK 1.66b |
| Total liabilities | SEK 2.32b |
| Total assets | SEK 3.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XANOBS's short term assets (SEK1.7B) exceed its short term liabilities (SEK1.1B).
Long Term Liabilities: XANOBS's short term assets (SEK1.7B) exceed its long term liabilities (SEK1.2B).
Debt to Equity History and Analysis
Debt Level: XANOBS's net debt to equity ratio (59.1%) is considered high.
Reducing Debt: XANOBS's debt to equity ratio has reduced from 89.4% to 74.8% over the past 5 years.
Debt Coverage: XANOBS's debt is well covered by operating cash flow (38.4%).
Interest Coverage: XANOBS's interest payments on its debt are well covered by EBIT (3.3x coverage).