ASSA ABLOY Balance Sheet Health
Financial Health criteria checks 3/6
ASSA ABLOY has a total shareholder equity of SEK100.0B and total debt of SEK63.4B, which brings its debt-to-equity ratio to 63.4%. Its total assets and total liabilities are SEK210.1B and SEK110.1B respectively. ASSA ABLOY's EBIT is SEK22.9B making its interest coverage ratio 8. It has cash and short-term investments of SEK2.4B.
Key information
63.4%
Debt to equity ratio
kr63.43b
Debt
Interest coverage ratio | 8x |
Cash | kr2.44b |
Equity | kr99.98b |
Total liabilities | kr110.10b |
Total assets | kr210.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0R87's short term assets (SEK53.5B) exceed its short term liabilities (SEK47.4B).
Long Term Liabilities: 0R87's short term assets (SEK53.5B) do not cover its long term liabilities (SEK62.7B).
Debt to Equity History and Analysis
Debt Level: 0R87's net debt to equity ratio (61%) is considered high.
Reducing Debt: 0R87's debt to equity ratio has increased from 52.2% to 63.4% over the past 5 years.
Debt Coverage: 0R87's debt is well covered by operating cash flow (32%).
Interest Coverage: 0R87's interest payments on its debt are well covered by EBIT (8x coverage).