AAK AB (publ.) Balance Sheet Health
Financial Health criteria checks 6/6
AAK AB (publ.) has a total shareholder equity of SEK18.4B and total debt of SEK2.7B, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are SEK32.0B and SEK13.6B respectively. AAK AB (publ.)'s EBIT is SEK4.8B making its interest coverage ratio 29.6. It has cash and short-term investments of SEK1.3B.
Key information
14.5%
Debt to equity ratio
SEK 2.68b
Debt
| Interest coverage ratio | 29.6x |
| Cash | SEK 1.26b |
| Equity | SEK 18.40b |
| Total liabilities | SEK 13.61b |
| Total assets | SEK 32.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0A0J's short term assets (SEK20.0B) exceed its short term liabilities (SEK10.9B).
Long Term Liabilities: 0A0J's short term assets (SEK20.0B) exceed its long term liabilities (SEK2.7B).
Debt to Equity History and Analysis
Debt Level: 0A0J's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: 0A0J's debt to equity ratio has reduced from 37.5% to 14.5% over the past 5 years.
Debt Coverage: 0A0J's debt is well covered by operating cash flow (134.1%).
Interest Coverage: 0A0J's interest payments on its debt are well covered by EBIT (29.6x coverage).