Fastighets AB Balder Balance Sheet Health
Financial Health criteria checks 1/6
Fastighets AB Balder has a total shareholder equity of SEK97.2B and total debt of SEK136.0B, which brings its debt-to-equity ratio to 140%. Its total assets and total liabilities are SEK258.8B and SEK161.6B respectively. Fastighets AB Balder's EBIT is SEK8.2B making its interest coverage ratio 1.8. It has cash and short-term investments of SEK3.4B.
Key information
140.0%
Debt to equity ratio
SEK 136.04b
Debt
| Interest coverage ratio | 1.8x |
| Cash | SEK 3.37b |
| Equity | SEK 97.19b |
| Total liabilities | SEK 161.57b |
| Total assets | SEK 258.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BALDBs's short term assets (SEK8.7B) do not cover its short term liabilities (SEK33.2B).
Long Term Liabilities: BALDBs's short term assets (SEK8.7B) do not cover its long term liabilities (SEK128.3B).
Debt to Equity History and Analysis
Debt Level: BALDBs's net debt to equity ratio (136.5%) is considered high.
Reducing Debt: BALDBs's debt to equity ratio has reduced from 149.2% to 140% over the past 5 years.
Debt Coverage: BALDBs's debt is not well covered by operating cash flow (2.5%).
Interest Coverage: BALDBs's interest payments on its debt are not well covered by EBIT (1.8x coverage).