Axfood Balance Sheet Health
Financial Health criteria checks 3/6
Axfood has a total shareholder equity of SEK7.0B and total debt of SEK1.1B, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are SEK29.7B and SEK22.7B respectively. Axfood's EBIT is SEK3.3B making its interest coverage ratio 8.7. It has cash and short-term investments of SEK285.0M.
Key information
16.2%
Debt to equity ratio
SEK 1.14b
Debt
| Interest coverage ratio | 8.7x |
| Cash | SEK 285.00m |
| Equity | SEK 7.05b |
| Total liabilities | SEK 22.69b |
| Total assets | SEK 29.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0R6R's short term assets (SEK8.2B) do not cover its short term liabilities (SEK13.2B).
Long Term Liabilities: 0R6R's short term assets (SEK8.2B) do not cover its long term liabilities (SEK9.5B).
Debt to Equity History and Analysis
Debt Level: 0R6R's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: 0R6R's debt to equity ratio has increased from 10.9% to 16.2% over the past 5 years.
Debt Coverage: 0R6R's debt is well covered by operating cash flow (509.3%).
Interest Coverage: 0R6R's interest payments on its debt are well covered by EBIT (8.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 08:45 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Axfood AB (publ) is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Anna Schumacher | BNP Paribas Exane |
| Robert Joyce | BNP Paribas Exane |