Elekta Balance Sheet Health
Financial Health criteria checks 4/6
Elekta has a total shareholder equity of SEK10.7B and total debt of SEK6.5B, which brings its debt-to-equity ratio to 60.6%. Its total assets and total liabilities are SEK31.4B and SEK20.7B respectively. Elekta's EBIT is SEK2.0B making its interest coverage ratio 5.8. It has cash and short-term investments of SEK2.4B.
Key information
60.6%
Debt to equity ratio
SEK 6.49b
Debt
| Interest coverage ratio | 5.8x |
| Cash | SEK 2.36b |
| Equity | SEK 10.71b |
| Total liabilities | SEK 20.71b |
| Total assets | SEK 31.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EKTABS's short term assets (SEK14.0B) do not cover its short term liabilities (SEK14.2B).
Long Term Liabilities: EKTABS's short term assets (SEK14.0B) exceed its long term liabilities (SEK6.5B).
Debt to Equity History and Analysis
Debt Level: EKTABS's net debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: EKTABS's debt to equity ratio has increased from 57.6% to 60.6% over the past 5 years.
Debt Coverage: EKTABS's debt is well covered by operating cash flow (38.8%).
Interest Coverage: EKTABS's interest payments on its debt are well covered by EBIT (5.8x coverage).