Dedicare Balance Sheet Health
Financial Health criteria checks 5/6
Dedicare has a total shareholder equity of SEK281.2M and total debt of SEK4.8M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are SEK630.9M and SEK349.7M respectively. Dedicare's EBIT is SEK65.3M making its interest coverage ratio 26.5. It has cash and short-term investments of SEK130.1M.
Key information
1.7%
Debt to equity ratio
SEK 4.80m
Debt
| Interest coverage ratio | 26.5x |
| Cash | SEK 130.10m |
| Equity | SEK 281.20m |
| Total liabilities | SEK 349.70m |
| Total assets | SEK 630.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0P3K's short term assets (SEK436.5M) exceed its short term liabilities (SEK330.7M).
Long Term Liabilities: 0P3K's short term assets (SEK436.5M) exceed its long term liabilities (SEK19.0M).
Debt to Equity History and Analysis
Debt Level: 0P3K has more cash than its total debt.
Reducing Debt: 0P3K's debt to equity ratio has increased from 0% to 1.7% over the past 5 years.
Debt Coverage: 0P3K's debt is well covered by operating cash flow (2149.9%).
Interest Coverage: 0P3K's interest payments on its debt are well covered by EBIT (26.5x coverage).