Hexatronic Group Balance Sheet Health
Financial Health criteria checks 5/6
Hexatronic Group has a total shareholder equity of SEK3.8B and total debt of SEK2.6B, which brings its debt-to-equity ratio to 67.6%. Its total assets and total liabilities are SEK8.9B and SEK5.1B respectively. Hexatronic Group's EBIT is SEK607.0M making its interest coverage ratio 3.1. It has cash and short-term investments of SEK676.0M.
Key information
67.6%
Debt to equity ratio
SEK 2.60b
Debt
| Interest coverage ratio | 3.1x |
| Cash | SEK 676.00m |
| Equity | SEK 3.85b |
| Total liabilities | SEK 5.08b |
| Total assets | SEK 8.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RDH's short term assets (SEK3.5B) exceed its short term liabilities (SEK1.6B).
Long Term Liabilities: 0RDH's short term assets (SEK3.5B) exceed its long term liabilities (SEK3.5B).
Debt to Equity History and Analysis
Debt Level: 0RDH's net debt to equity ratio (50%) is considered high.
Reducing Debt: 0RDH's debt to equity ratio has reduced from 74.7% to 67.6% over the past 5 years.
Debt Coverage: 0RDH's debt is well covered by operating cash flow (42.2%).
Interest Coverage: 0RDH's interest payments on its debt are well covered by EBIT (3.1x coverage).