Creades Balance Sheet Health
Financial Health criteria checks 6/6
Creades has a total shareholder equity of SEK9.2B and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK9.3B and SEK147.0M respectively. Creades's EBIT is SEK522.0M making its interest coverage ratio -14.5. It has cash and short-term investments of SEK299.0M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | -14.5x |
| Cash | SEK 299.00m |
| Equity | SEK 9.18b |
| Total liabilities | SEK 147.00m |
| Total assets | SEK 9.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CREDAS's short term assets (SEK317.0M) exceed its short term liabilities (SEK114.0M).
Long Term Liabilities: CREDAS's short term assets (SEK317.0M) exceed its long term liabilities (SEK33.0M).
Debt to Equity History and Analysis
Debt Level: CREDAS is debt free.
Reducing Debt: CREDAS had no debt 5 years ago.
Debt Coverage: CREDAS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CREDAS has no debt, therefore coverage of interest payments is not a concern.