Netel Holding Balance Sheet Health
Financial Health criteria checks 2/6
Netel Holding has a total shareholder equity of SEK1.1B and total debt of SEK1.0B, which brings its debt-to-equity ratio to 88.7%. Its total assets and total liabilities are SEK3.1B and SEK2.0B respectively. Netel Holding's EBIT is SEK154.0M making its interest coverage ratio 2.2. It has cash and short-term investments of SEK260.0M.
Key information
88.7%
Debt to equity ratio
SEK 1.02b
Debt
| Interest coverage ratio | 2.2x |
| Cash | SEK 260.00m |
| Equity | SEK 1.15b |
| Total liabilities | SEK 1.96b |
| Total assets | SEK 3.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0AAB's short term assets (SEK1.5B) exceed its short term liabilities (SEK901.0M).
Long Term Liabilities: 0AAB's short term assets (SEK1.5B) exceed its long term liabilities (SEK1.1B).
Debt to Equity History and Analysis
Debt Level: 0AAB's net debt to equity ratio (66%) is considered high.
Reducing Debt: Insufficient data to determine if 0AAB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 0AAB's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: 0AAB's interest payments on its debt are not well covered by EBIT (2.2x coverage).