Holmen Balance Sheet Health
Financial Health criteria checks 5/6
Holmen has a total shareholder equity of SEK57.0B and total debt of SEK3.0B, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are SEK80.1B and SEK23.2B respectively. Holmen's EBIT is SEK3.3B making its interest coverage ratio 69.5. It has cash and short-term investments of SEK1.1B.
Key information
5.2%
Debt to equity ratio
kr2.97b
Debt
Interest coverage ratio | 69.5x |
Cash | kr1.15b |
Equity | kr56.96b |
Total liabilities | kr23.18b |
Total assets | kr80.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0XS9's short term assets (SEK10.5B) exceed its short term liabilities (SEK7.2B).
Long Term Liabilities: 0XS9's short term assets (SEK10.5B) do not cover its long term liabilities (SEK15.9B).
Debt to Equity History and Analysis
Debt Level: 0XS9's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: 0XS9's debt to equity ratio has reduced from 16% to 5.2% over the past 5 years.
Debt Coverage: 0XS9's debt is well covered by operating cash flow (139.1%).
Interest Coverage: 0XS9's interest payments on its debt are well covered by EBIT (69.5x coverage).