Getinge Balance Sheet Health
Financial Health criteria checks 6/6
Getinge has a total shareholder equity of SEK32.6B and total debt of SEK6.6B, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are SEK56.3B and SEK23.7B respectively. Getinge's EBIT is SEK3.6B making its interest coverage ratio 9.2. It has cash and short-term investments of SEK3.4B.
Key information
20.1%
Debt to equity ratio
kr6.56b
Debt
Interest coverage ratio | 9.2x |
Cash | kr3.36b |
Equity | kr32.60b |
Total liabilities | kr23.72b |
Total assets | kr56.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0GZV's short term assets (SEK17.3B) exceed its short term liabilities (SEK13.5B).
Long Term Liabilities: 0GZV's short term assets (SEK17.3B) exceed its long term liabilities (SEK10.2B).
Debt to Equity History and Analysis
Debt Level: 0GZV's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: 0GZV's debt to equity ratio has reduced from 52.8% to 20.1% over the past 5 years.
Debt Coverage: 0GZV's debt is well covered by operating cash flow (70.7%).
Interest Coverage: 0GZV's interest payments on its debt are well covered by EBIT (9.2x coverage).