XANO Industri Balance Sheet Health
Financial Health criteria checks 3/6
XANO Industri has a total shareholder equity of SEK1.6B and total debt of SEK1.2B, which brings its debt-to-equity ratio to 74.4%. Its total assets and total liabilities are SEK3.9B and SEK2.2B respectively. XANO Industri's EBIT is SEK159.6M making its interest coverage ratio 2.4. It has cash and short-term investments of SEK295.0M.
Key information
74.4%
Debt to equity ratio
SEK 1.23b
Debt
| Interest coverage ratio | 2.4x |
| Cash | SEK 295.00m |
| Equity | SEK 1.65b |
| Total liabilities | SEK 2.24b |
| Total assets | SEK 3.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RQ7's short term assets (SEK1.6B) exceed its short term liabilities (SEK1.0B).
Long Term Liabilities: 0RQ7's short term assets (SEK1.6B) exceed its long term liabilities (SEK1.2B).
Debt to Equity History and Analysis
Debt Level: 0RQ7's net debt to equity ratio (56.5%) is considered high.
Reducing Debt: 0RQ7's debt to equity ratio has increased from 28.8% to 74.4% over the past 5 years.
Debt Coverage: 0RQ7's debt is well covered by operating cash flow (37.9%).
Interest Coverage: 0RQ7's interest payments on its debt are not well covered by EBIT (2.4x coverage).