Investment AB Latour Balance Sheet Health
Financial Health criteria checks 5/6
Investment AB Latour has a total shareholder equity of SEK42.8B and total debt of SEK14.7B, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are SEK66.0B and SEK23.2B respectively. Investment AB Latour's EBIT is SEK3.4B making its interest coverage ratio 7.3. It has cash and short-term investments of SEK1.8B.
Key information
34.5%
Debt to equity ratio
SEK 14.75b
Debt
| Interest coverage ratio | 7.3x |
| Cash | SEK 1.84b |
| Equity | SEK 42.77b |
| Total liabilities | SEK 23.19b |
| Total assets | SEK 65.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RQP's short term assets (SEK12.9B) exceed its short term liabilities (SEK12.2B).
Long Term Liabilities: 0RQP's short term assets (SEK12.9B) exceed its long term liabilities (SEK11.0B).
Debt to Equity History and Analysis
Debt Level: 0RQP's net debt to equity ratio (30.2%) is considered satisfactory.
Reducing Debt: 0RQP's debt to equity ratio has increased from 24.9% to 34.5% over the past 5 years.
Debt Coverage: 0RQP's debt is well covered by operating cash flow (26.8%).
Interest Coverage: 0RQP's interest payments on its debt are well covered by EBIT (7.3x coverage).