Catena Balance Sheet Health
Financial Health criteria checks 1/6
Catena has a total shareholder equity of SEK17.4B and total debt of SEK11.9B, which brings its debt-to-equity ratio to 68.4%. Its total assets and total liabilities are SEK33.5B and SEK16.1B respectively. Catena's EBIT is SEK1.4B making its interest coverage ratio 2.3. It has cash and short-term investments of SEK430.0M.
Key information
68.4%
Debt to equity ratio
kr11.89b
Debt
Interest coverage ratio | 2.3x |
Cash | kr430.00m |
Equity | kr17.39b |
Total liabilities | kr16.11b |
Total assets | kr33.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CATES's short term assets (SEK1.1B) do not cover its short term liabilities (SEK3.5B).
Long Term Liabilities: CATES's short term assets (SEK1.1B) do not cover its long term liabilities (SEK12.6B).
Debt to Equity History and Analysis
Debt Level: CATES's net debt to equity ratio (65.9%) is considered high.
Reducing Debt: CATES's debt to equity ratio has reduced from 168.2% to 68.4% over the past 5 years.
Debt Coverage: CATES's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: CATES's interest payments on its debt are not well covered by EBIT (2.3x coverage).