Dedicare Balance Sheet Health
Financial Health criteria checks 5/6
Dedicare has a total shareholder equity of SEK259.5M and total debt of SEK86.5M, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are SEK705.4M and SEK445.9M respectively. Dedicare's EBIT is SEK130.2M making its interest coverage ratio 47.9. It has cash and short-term investments of SEK112.1M.
Key information
33.3%
Debt to equity ratio
SEK 86.50m
Debt
| Interest coverage ratio | 47.9x |
| Cash | SEK 112.10m |
| Equity | SEK 259.50m |
| Total liabilities | SEK 445.90m |
| Total assets | SEK 705.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEDIS's short term assets (SEK487.4M) exceed its short term liabilities (SEK337.6M).
Long Term Liabilities: DEDIS's short term assets (SEK487.4M) exceed its long term liabilities (SEK108.3M).
Debt to Equity History and Analysis
Debt Level: DEDIS has more cash than its total debt.
Reducing Debt: DEDIS's debt to equity ratio has increased from 0% to 33.3% over the past 5 years.
Debt Coverage: DEDIS's debt is well covered by operating cash flow (136.7%).
Interest Coverage: DEDIS's interest payments on its debt are well covered by EBIT (47.9x coverage).