Addtech AB (publ.) Balance Sheet Health
Financial Health criteria checks 5/6
Addtech AB (publ.) has a total shareholder equity of SEK6.1B and total debt of SEK5.4B, which brings its debt-to-equity ratio to 89.2%. Its total assets and total liabilities are SEK16.1B and SEK10.0B respectively. Addtech AB (publ.)'s EBIT is SEK2.4B making its interest coverage ratio 14. It has cash and short-term investments of SEK859.0M.
Key information
89.2%
Debt to equity ratio
kr5.40b
Debt
| Interest coverage ratio | 14x |
| Cash | kr859.00m |
| Equity | kr6.06b |
| Total liabilities | kr10.01b |
| Total assets | kr16.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QI7's short term assets (SEK7.5B) exceed its short term liabilities (SEK5.3B).
Long Term Liabilities: 0QI7's short term assets (SEK7.5B) exceed its long term liabilities (SEK4.8B).
Debt to Equity History and Analysis
Debt Level: 0QI7's net debt to equity ratio (75%) is considered high.
Reducing Debt: 0QI7's debt to equity ratio has reduced from 90.5% to 89.2% over the past 5 years.
Debt Coverage: 0QI7's debt is well covered by operating cash flow (50.1%).
Interest Coverage: 0QI7's interest payments on its debt are well covered by EBIT (14x coverage).