Investment AB Latour Balance Sheet Health
Financial Health criteria checks 5/6
Investment AB Latour has a total shareholder equity of SEK42.4B and total debt of SEK12.3B, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are SEK62.6B and SEK20.2B respectively. Investment AB Latour's EBIT is SEK3.6B making its interest coverage ratio 14.1. It has cash and short-term investments of SEK2.3B.
Key information
28.9%
Debt to equity ratio
kr12.27b
Debt
Interest coverage ratio | 14.1x |
Cash | kr2.28b |
Equity | kr42.45b |
Total liabilities | kr20.18b |
Total assets | kr62.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RQP's short term assets (SEK12.8B) exceed its short term liabilities (SEK11.0B).
Long Term Liabilities: 0RQP's short term assets (SEK12.8B) exceed its long term liabilities (SEK9.2B).
Debt to Equity History and Analysis
Debt Level: 0RQP's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: 0RQP's debt to equity ratio has increased from 20.6% to 28.9% over the past 5 years.
Debt Coverage: 0RQP's debt is well covered by operating cash flow (37%).
Interest Coverage: 0RQP's interest payments on its debt are well covered by EBIT (14.1x coverage).