RaySearch Laboratories Balance Sheet Health
Financial Health criteria checks 6/6
RaySearch Laboratories has a total shareholder equity of SEK768.3M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK2.1B and SEK1.3B respectively. RaySearch Laboratories's EBIT is SEK205.4M making its interest coverage ratio -288.8. It has cash and short-term investments of SEK435.2M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | -288.8x |
| Cash | SEK 435.20m |
| Equity | SEK 768.34m |
| Total liabilities | SEK 1.29b |
| Total assets | SEK 2.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0GRZ's short term assets (SEK914.8M) exceed its short term liabilities (SEK764.3M).
Long Term Liabilities: 0GRZ's short term assets (SEK914.8M) exceed its long term liabilities (SEK529.0M).
Debt to Equity History and Analysis
Debt Level: 0GRZ is debt free.
Reducing Debt: 0GRZ has no debt compared to 5 years ago when its debt to equity ratio was 1.8%.
Debt Coverage: 0GRZ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0GRZ has no debt, therefore coverage of interest payments is not a concern.