Svedbergs Group Balance Sheet Health
Financial Health criteria checks 6/6
Svedbergs Group has a total shareholder equity of SEK1.5B and total debt of SEK747.0M, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are SEK3.0B and SEK1.6B respectively. Svedbergs Group's EBIT is SEK265.0M making its interest coverage ratio 4.9. It has cash and short-term investments of SEK175.7M.
Key information
51.0%
Debt to equity ratio
SEK 747.00m
Debt
| Interest coverage ratio | 4.9x |
| Cash | SEK 175.70m |
| Equity | SEK 1.47b |
| Total liabilities | SEK 1.57b |
| Total assets | SEK 3.03b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0GXD's short term assets (SEK1.1B) exceed its short term liabilities (SEK775.2M).
Long Term Liabilities: 0GXD's short term assets (SEK1.1B) exceed its long term liabilities (SEK793.2M).
Debt to Equity History and Analysis
Debt Level: 0GXD's net debt to equity ratio (39%) is considered satisfactory.
Reducing Debt: 0GXD's debt to equity ratio has reduced from 155.2% to 51% over the past 5 years.
Debt Coverage: 0GXD's debt is well covered by operating cash flow (21.7%).
Interest Coverage: 0GXD's interest payments on its debt are well covered by EBIT (4.9x coverage).