AAK AB (publ.) Balance Sheet Health
Financial Health criteria checks 6/6
AAK AB (publ.) has a total shareholder equity of SEK19.1B and total debt of SEK3.2B, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are SEK32.7B and SEK13.6B respectively. AAK AB (publ.)'s EBIT is SEK4.4B making its interest coverage ratio 26.7. It has cash and short-term investments of SEK1.4B.
Key information
16.9%
Debt to equity ratio
SEK 3.22b
Debt
Interest coverage ratio | 26.7x |
Cash | SEK 1.36b |
Equity | SEK 19.05b |
Total liabilities | SEK 13.63b |
Total assets | SEK 32.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0A0J's short term assets (SEK20.3B) exceed its short term liabilities (SEK9.9B).
Long Term Liabilities: 0A0J's short term assets (SEK20.3B) exceed its long term liabilities (SEK3.8B).
Debt to Equity History and Analysis
Debt Level: 0A0J's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: 0A0J's debt to equity ratio has reduced from 33.8% to 16.9% over the past 5 years.
Debt Coverage: 0A0J's debt is well covered by operating cash flow (153.1%).
Interest Coverage: 0A0J's interest payments on its debt are well covered by EBIT (26.7x coverage).