Afry Balance Sheet Health
Financial Health criteria checks 6/6
Afry has a total shareholder equity of SEK12.7B and total debt of SEK5.1B, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are SEK28.5B and SEK15.8B respectively. Afry's EBIT is SEK2.0B making its interest coverage ratio 6.8. It has cash and short-term investments of SEK827.0M.
Key information
39.9%
Debt to equity ratio
SEK 5.06b
Debt
| Interest coverage ratio | 6.8x |
| Cash | SEK 827.00m |
| Equity | SEK 12.68b |
| Total liabilities | SEK 15.84b |
| Total assets | SEK 28.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFRYS's short term assets (SEK10.3B) exceed its short term liabilities (SEK8.4B).
Long Term Liabilities: AFRYS's short term assets (SEK10.3B) exceed its long term liabilities (SEK7.4B).
Debt to Equity History and Analysis
Debt Level: AFRYS's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: AFRYS's debt to equity ratio has reduced from 59.5% to 39.9% over the past 5 years.
Debt Coverage: AFRYS's debt is well covered by operating cash flow (34.9%).
Interest Coverage: AFRYS's interest payments on its debt are well covered by EBIT (6.8x coverage).