Scandi Standard Balance Sheet Health
Financial Health criteria checks 4/6
Scandi Standard has a total shareholder equity of SEK2.5B and total debt of SEK1.5B, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are SEK6.9B and SEK4.4B respectively. Scandi Standard's EBIT is SEK478.0M making its interest coverage ratio 3.5. It has cash and short-term investments of SEK43.0M.
Key information
61.4%
Debt to equity ratio
SEK 1.55b
Debt
| Interest coverage ratio | 3.5x |
| Cash | SEK 43.00m |
| Equity | SEK 2.52b |
| Total liabilities | SEK 4.42b |
| Total assets | SEK 6.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCSTS's short term assets (SEK2.3B) do not cover its short term liabilities (SEK2.4B).
Long Term Liabilities: SCSTS's short term assets (SEK2.3B) exceed its long term liabilities (SEK2.0B).
Debt to Equity History and Analysis
Debt Level: SCSTS's net debt to equity ratio (59.7%) is considered high.
Reducing Debt: SCSTS's debt to equity ratio has reduced from 121.8% to 61.4% over the past 5 years.
Debt Coverage: SCSTS's debt is well covered by operating cash flow (52.7%).
Interest Coverage: SCSTS's interest payments on its debt are well covered by EBIT (3.5x coverage).