Holmen Balance Sheet Health
Financial Health criteria checks 5/6
Holmen has a total shareholder equity of SEK56.7B and total debt of SEK4.4B, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are SEK81.3B and SEK24.5B respectively. Holmen's EBIT is SEK2.9B making its interest coverage ratio 47.5. It has cash and short-term investments of SEK1.1B.
Key information
7.8%
Debt to equity ratio
SEK 4.45b
Debt
| Interest coverage ratio | 47.5x |
| Cash | SEK 1.11b |
| Equity | SEK 56.72b |
| Total liabilities | SEK 24.54b |
| Total assets | SEK 81.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HOLMBS's short term assets (SEK10.9B) exceed its short term liabilities (SEK7.4B).
Long Term Liabilities: HOLMBS's short term assets (SEK10.9B) do not cover its long term liabilities (SEK17.1B).
Debt to Equity History and Analysis
Debt Level: HOLMBS's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: HOLMBS's debt to equity ratio has reduced from 20.5% to 7.8% over the past 5 years.
Debt Coverage: HOLMBS's debt is well covered by operating cash flow (79.9%).
Interest Coverage: HOLMBS's interest payments on its debt are well covered by EBIT (47.5x coverage).