Loomis Balance Sheet Health
Financial Health criteria checks 6/6
Loomis has a total shareholder equity of SEK13.5B and total debt of SEK7.5B, which brings its debt-to-equity ratio to 55.6%. Its total assets and total liabilities are SEK38.4B and SEK24.9B respectively. Loomis's EBIT is SEK3.0B making its interest coverage ratio 5.3. It has cash and short-term investments of SEK7.9B.
Key information
55.6%
Debt to equity ratio
kr7.52b
Debt
Interest coverage ratio | 5.3x |
Cash | kr7.89b |
Equity | kr13.53b |
Total liabilities | kr24.90b |
Total assets | kr38.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOOMIS's short term assets (SEK14.1B) exceed its short term liabilities (SEK12.3B).
Long Term Liabilities: LOOMIS's short term assets (SEK14.1B) exceed its long term liabilities (SEK12.6B).
Debt to Equity History and Analysis
Debt Level: LOOMIS has more cash than its total debt.
Reducing Debt: LOOMIS's debt to equity ratio has reduced from 68.1% to 55.6% over the past 5 years.
Debt Coverage: LOOMIS's debt is well covered by operating cash flow (62.6%).
Interest Coverage: LOOMIS's interest payments on its debt are well covered by EBIT (5.3x coverage).