AddLife Balance Sheet Health
Financial Health criteria checks 2/6
AddLife has a total shareholder equity of SEK5.2B and total debt of SEK5.3B, which brings its debt-to-equity ratio to 102.1%. Its total assets and total liabilities are SEK13.3B and SEK8.1B respectively. AddLife's EBIT is SEK492.0M making its interest coverage ratio -2.5. It has cash and short-term investments of SEK229.0M.
Key information
102.1%
Debt to equity ratio
SEK 5.30b
Debt
Interest coverage ratio | -2.5x |
Cash | SEK 229.00m |
Equity | SEK 5.19b |
Total liabilities | SEK 8.13b |
Total assets | SEK 13.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALIFBS's short term assets (SEK3.9B) do not cover its short term liabilities (SEK4.6B).
Long Term Liabilities: ALIFBS's short term assets (SEK3.9B) exceed its long term liabilities (SEK3.5B).
Debt to Equity History and Analysis
Debt Level: ALIFBS's net debt to equity ratio (97.7%) is considered high.
Reducing Debt: ALIFBS's debt to equity ratio has increased from 79.8% to 102.1% over the past 5 years.
Debt Coverage: ALIFBS's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: ALIFBS earns more interest than it pays, so coverage of interest payments is not a concern.