CTT Systems Balance Sheet Health
Financial Health criteria checks 5/6
CTT Systems has a total shareholder equity of SEK254.1M and total debt of SEK43.4M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are SEK362.6M and SEK108.5M respectively. CTT Systems's EBIT is SEK127.7M making its interest coverage ratio 255.4. It has cash and short-term investments of SEK48.6M.
Key information
17.1%
Debt to equity ratio
SEK 43.40m
Debt
| Interest coverage ratio | 255.4x |
| Cash | SEK 48.60m |
| Equity | SEK 254.10m |
| Total liabilities | SEK 108.50m |
| Total assets | SEK 362.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0GUO's short term assets (SEK240.3M) exceed its short term liabilities (SEK64.2M).
Long Term Liabilities: 0GUO's short term assets (SEK240.3M) exceed its long term liabilities (SEK44.3M).
Debt to Equity History and Analysis
Debt Level: 0GUO has more cash than its total debt.
Reducing Debt: 0GUO's debt to equity ratio has increased from 16.8% to 17.1% over the past 5 years.
Debt Coverage: 0GUO's debt is well covered by operating cash flow (231.6%).
Interest Coverage: 0GUO's interest payments on its debt are well covered by EBIT (255.4x coverage).