AAK AB (publ.) Balance Sheet Health
Financial Health criteria checks 6/6
AAK AB (publ.) has a total shareholder equity of SEK18.3B and total debt of SEK3.2B, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are SEK31.6B and SEK13.3B respectively. AAK AB (publ.)'s EBIT is SEK4.7B making its interest coverage ratio 32. It has cash and short-term investments of SEK1.6B.
Key information
17.7%
Debt to equity ratio
SEK 3.23b
Debt
Interest coverage ratio | 32x |
Cash | SEK 1.58b |
Equity | SEK 18.28b |
Total liabilities | SEK 13.31b |
Total assets | SEK 31.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAKS's short term assets (SEK19.4B) exceed its short term liabilities (SEK10.6B).
Long Term Liabilities: AAKS's short term assets (SEK19.4B) exceed its long term liabilities (SEK2.7B).
Debt to Equity History and Analysis
Debt Level: AAKS's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: AAKS's debt to equity ratio has reduced from 37.2% to 17.7% over the past 5 years.
Debt Coverage: AAKS's debt is well covered by operating cash flow (132.7%).
Interest Coverage: AAKS's interest payments on its debt are well covered by EBIT (32x coverage).