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 SEK1.4B, which brings its debt-to-equity ratio to 53.6%. Its total assets and total liabilities are SEK6.9B and SEK4.3B respectively. Scandi Standard's EBIT is SEK466.0M making its interest coverage ratio 3.4. It has cash and short-term investments of SEK4.0M.
Key information
53.6%
Debt to equity ratio
SEK 1.36b
Debt
Interest coverage ratio | 3.4x |
Cash | SEK 4.00m |
Equity | SEK 2.54b |
Total liabilities | SEK 4.33b |
Total assets | SEK 6.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QVR's short term assets (SEK2.3B) do not cover its short term liabilities (SEK2.4B).
Long Term Liabilities: 0QVR's short term assets (SEK2.3B) exceed its long term liabilities (SEK1.9B).
Debt to Equity History and Analysis
Debt Level: 0QVR's net debt to equity ratio (53.5%) is considered high.
Reducing Debt: 0QVR's debt to equity ratio has reduced from 118.1% to 53.6% over the past 5 years.
Debt Coverage: 0QVR's debt is well covered by operating cash flow (64.4%).
Interest Coverage: 0QVR's interest payments on its debt are well covered by EBIT (3.4x coverage).