Afry Balance Sheet Health
Financial Health criteria checks 6/6
Afry has a total shareholder equity of SEK13.0B and total debt of SEK6.4B, which brings its debt-to-equity ratio to 49.4%. Its total assets and total liabilities are SEK29.2B and SEK16.1B respectively. Afry's EBIT is SEK1.8B making its interest coverage ratio 6. It has cash and short-term investments of SEK1.6B.
Key information
49.4%
Debt to equity ratio
kr6.44b
Debt
Interest coverage ratio | 6x |
Cash | kr1.56b |
Equity | kr13.03b |
Total liabilities | kr16.15b |
Total assets | kr29.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFRYS's short term assets (SEK10.8B) exceed its short term liabilities (SEK8.9B).
Long Term Liabilities: AFRYS's short term assets (SEK10.8B) exceed its long term liabilities (SEK7.2B).
Debt to Equity History and Analysis
Debt Level: AFRYS's net debt to equity ratio (37.4%) is considered satisfactory.
Reducing Debt: AFRYS's debt to equity ratio has reduced from 118.5% to 49.4% over the past 5 years.
Debt Coverage: AFRYS's debt is well covered by operating cash flow (28.7%).
Interest Coverage: AFRYS's interest payments on its debt are well covered by EBIT (6x coverage).