Cloetta Balance Sheet Health
Financial Health criteria checks 5/6
Cloetta has a total shareholder equity of SEK5.2B and total debt of SEK2.4B, which brings its debt-to-equity ratio to 45.5%. Its total assets and total liabilities are SEK10.9B and SEK5.7B respectively. Cloetta's EBIT is SEK843.0M making its interest coverage ratio 3.9. It has cash and short-term investments of SEK668.0M.
Key information
45.5%
Debt to equity ratio
SEK 2.36b
Debt
| Interest coverage ratio | 3.9x |
| Cash | SEK 668.00m |
| Equity | SEK 5.19b |
| Total liabilities | SEK 5.70b |
| Total assets | SEK 10.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0N7X's short term assets (SEK3.4B) exceed its short term liabilities (SEK2.0B).
Long Term Liabilities: 0N7X's short term assets (SEK3.4B) do not cover its long term liabilities (SEK3.7B).
Debt to Equity History and Analysis
Debt Level: 0N7X's net debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: 0N7X's debt to equity ratio has reduced from 66.1% to 45.5% over the past 5 years.
Debt Coverage: 0N7X's debt is well covered by operating cash flow (39.6%).
Interest Coverage: 0N7X's interest payments on its debt are well covered by EBIT (3.9x coverage).