FastPartner Balance Sheet Health
Financial Health criteria checks 1/6
FastPartner has a total shareholder equity of SEK14.8B and total debt of SEK16.4B, which brings its debt-to-equity ratio to 110.5%. Its total assets and total liabilities are SEK36.3B and SEK21.4B respectively. FastPartner's EBIT is SEK1.5B making its interest coverage ratio 1.6. It has cash and short-term investments of SEK10.7M.
Key information
110.5%
Debt to equity ratio
SEK 16.38b
Debt
Interest coverage ratio | 1.6x |
Cash | SEK 10.70m |
Equity | SEK 14.82b |
Total liabilities | SEK 21.43b |
Total assets | SEK 36.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FPARAS's short term assets (SEK309.5M) do not cover its short term liabilities (SEK1.1B).
Long Term Liabilities: FPARAS's short term assets (SEK309.5M) do not cover its long term liabilities (SEK20.3B).
Debt to Equity History and Analysis
Debt Level: FPARAS's net debt to equity ratio (110.5%) is considered high.
Reducing Debt: FPARAS's debt to equity ratio has reduced from 144.4% to 110.5% over the past 5 years.
Debt Coverage: FPARAS's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: FPARAS's interest payments on its debt are not well covered by EBIT (1.6x coverage).