SSAB Balance Sheet Health
Financial Health criteria checks 6/6
SSAB has a total shareholder equity of SEK71.4B and total debt of SEK7.8B, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are SEK113.0B and SEK41.6B respectively. SSAB's EBIT is SEK14.9B making its interest coverage ratio -29.2. It has cash and short-term investments of SEK29.0B.
Key information
11.0%
Debt to equity ratio
kr7.83b
Debt
Interest coverage ratio | -29.2x |
Cash | kr28.98b |
Equity | kr71.43b |
Total liabilities | kr41.58b |
Total assets | kr113.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KII's short term assets (SEK78.2B) exceed its short term liabilities (SEK29.2B).
Long Term Liabilities: 0KII's short term assets (SEK78.2B) exceed its long term liabilities (SEK12.4B).
Debt to Equity History and Analysis
Debt Level: 0KII has more cash than its total debt.
Reducing Debt: 0KII's debt to equity ratio has reduced from 25.9% to 11% over the past 5 years.
Debt Coverage: 0KII's debt is well covered by operating cash flow (255.1%).
Interest Coverage: 0KII earns more interest than it pays, so coverage of interest payments is not a concern.