Securitas Balance Sheet Health
Financial Health criteria checks 2/6
Securitas has a total shareholder equity of SEK38.7B and total debt of SEK44.6B, which brings its debt-to-equity ratio to 115.5%. Its total assets and total liabilities are SEK122.7B and SEK84.1B respectively. Securitas's EBIT is SEK9.1B making its interest coverage ratio 8.4. It has cash and short-term investments of SEK5.2B.
Key information
115.5%
Debt to equity ratio
SEK 44.65b
Debt
| Interest coverage ratio | 8.4x |
| Cash | SEK 5.15b |
| Equity | SEK 38.66b |
| Total liabilities | SEK 84.07b |
| Total assets | SEK 122.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SECUBS's short term assets (SEK42.8B) exceed its short term liabilities (SEK39.9B).
Long Term Liabilities: SECUBS's short term assets (SEK42.8B) do not cover its long term liabilities (SEK44.2B).
Debt to Equity History and Analysis
Debt Level: SECUBS's net debt to equity ratio (102.2%) is considered high.
Reducing Debt: SECUBS's debt to equity ratio has increased from 111.6% to 115.5% over the past 5 years.
Debt Coverage: SECUBS's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: SECUBS's interest payments on its debt are well covered by EBIT (8.4x coverage).