Garo Aktiebolag Balance Sheet Health
Financial Health criteria checks 2/6
Garo Aktiebolag has a total shareholder equity of SEK553.8M and total debt of SEK266.6M, which brings its debt-to-equity ratio to 48.1%. Its total assets and total liabilities are SEK1.2B and SEK617.8M respectively.
Key information
48.1%
Debt to equity ratio
SEK 266.60m
Debt
Interest coverage ratio | n/a |
Cash | SEK 15.40m |
Equity | SEK 553.80m |
Total liabilities | SEK 617.80m |
Total assets | SEK 1.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0REY's short term assets (SEK757.2M) exceed its short term liabilities (SEK558.8M).
Long Term Liabilities: 0REY's short term assets (SEK757.2M) exceed its long term liabilities (SEK59.0M).
Debt to Equity History and Analysis
Debt Level: 0REY's net debt to equity ratio (45.4%) is considered high.
Reducing Debt: 0REY's debt to equity ratio has increased from 32% to 48.1% over the past 5 years.
Debt Coverage: 0REY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 0REY's interest payments on its debt are well covered by EBIT.