Skanska Balance Sheet Health
Financial Health criteria checks 6/6
Skanska has a total shareholder equity of SEK56.3B and total debt of SEK10.8B, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are SEK155.2B and SEK98.8B respectively. Skanska's EBIT is SEK4.2B making its interest coverage ratio -6.3. It has cash and short-term investments of SEK17.9B.
Key information
19.2%
Debt to equity ratio
kr10.80b
Debt
Interest coverage ratio | -6.3x |
Cash | kr17.91b |
Equity | kr56.35b |
Total liabilities | kr98.84b |
Total assets | kr155.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HBT's short term assets (SEK125.1B) exceed its short term liabilities (SEK80.0B).
Long Term Liabilities: 0HBT's short term assets (SEK125.1B) exceed its long term liabilities (SEK18.8B).
Debt to Equity History and Analysis
Debt Level: 0HBT has more cash than its total debt.
Reducing Debt: 0HBT's debt to equity ratio has reduced from 38.1% to 19.2% over the past 5 years.
Debt Coverage: 0HBT's debt is well covered by operating cash flow (29.7%).
Interest Coverage: 0HBT earns more interest than it pays, so coverage of interest payments is not a concern.