Swedish Match Balance Sheet Health
Financial Health criteria checks 2/6
Swedish Match has a total shareholder equity of SEK-1.7B and total debt of SEK15.3B, which brings its debt-to-equity ratio to -902.7%. Its total assets and total liabilities are SEK21.5B and SEK23.2B respectively. Swedish Match's EBIT is SEK8.5B making its interest coverage ratio 32.2. It has cash and short-term investments of SEK4.4B.
Key information
-902.7%
Debt to equity ratio
SEK 15.27b
Debt
| Interest coverage ratio | 32.2x |
| Cash | SEK 4.41b |
| Equity | -SEK 1.69b |
| Total liabilities | SEK 23.23b |
| Total assets | SEK 21.54b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SWMAS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SWMAS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SWMAS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SWMAS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SWMAS's debt is well covered by operating cash flow (41.5%).
Interest Coverage: SWMAS's interest payments on its debt are well covered by EBIT (32.2x coverage).