NIBE Industrier Balance Sheet Health
Financial Health criteria checks 3/6
NIBE Industrier has a total shareholder equity of SEK30.2B and total debt of SEK20.5B, which brings its debt-to-equity ratio to 67.8%. Its total assets and total liabilities are SEK68.1B and SEK37.9B respectively. NIBE Industrier's EBIT is SEK6.5B making its interest coverage ratio 8.9. It has cash and short-term investments of SEK4.3B.
Key information
67.8%
Debt to equity ratio
kr20.49b
Debt
Interest coverage ratio | 8.9x |
Cash | kr4.28b |
Equity | kr30.21b |
Total liabilities | kr37.90b |
Total assets | kr68.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RH0's short term assets (SEK24.2B) exceed its short term liabilities (SEK15.6B).
Long Term Liabilities: 0RH0's short term assets (SEK24.2B) exceed its long term liabilities (SEK22.3B).
Debt to Equity History and Analysis
Debt Level: 0RH0's net debt to equity ratio (53.6%) is considered high.
Reducing Debt: 0RH0's debt to equity ratio has increased from 57.2% to 67.8% over the past 5 years.
Debt Coverage: 0RH0's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: 0RH0's interest payments on its debt are well covered by EBIT (8.9x coverage).