Systemair Balance Sheet Health
Financial Health criteria checks 6/6
Systemair has a total shareholder equity of SEK5.3B and total debt of SEK1.5B, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are SEK9.3B and SEK3.9B respectively. Systemair's EBIT is SEK1.1B making its interest coverage ratio 12. It has cash and short-term investments of SEK416.6M.
Key information
27.6%
Debt to equity ratio
kr1.48b
Debt
Interest coverage ratio | 12x |
Cash | kr416.60m |
Equity | kr5.35b |
Total liabilities | kr3.90b |
Total assets | kr9.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HDK's short term assets (SEK5.2B) exceed its short term liabilities (SEK3.0B).
Long Term Liabilities: 0HDK's short term assets (SEK5.2B) exceed its long term liabilities (SEK921.0M).
Debt to Equity History and Analysis
Debt Level: 0HDK's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: 0HDK's debt to equity ratio has reduced from 81.5% to 27.6% over the past 5 years.
Debt Coverage: 0HDK's debt is well covered by operating cash flow (88.9%).
Interest Coverage: 0HDK's interest payments on its debt are well covered by EBIT (12x coverage).