FastPartner Balance Sheet Health
Financial Health criteria checks 1/6
FastPartner has a total shareholder equity of SEK14.9B and total debt of SEK16.3B, which brings its debt-to-equity ratio to 109.9%. 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 SEK182.2M.
Key information
109.9%
Debt to equity ratio
SEK 16.32b
Debt
| Interest coverage ratio | 1.6x |
| Cash | SEK 182.20m |
| Equity | SEK 14.85b |
| Total liabilities | SEK 21.41b |
| Total assets | SEK 36.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FPARAS's short term assets (SEK417.7M) do not cover its short term liabilities (SEK3.1B).
Long Term Liabilities: FPARAS's short term assets (SEK417.7M) do not cover its long term liabilities (SEK18.3B).
Debt to Equity History and Analysis
Debt Level: FPARAS's net debt to equity ratio (108.6%) is considered high.
Reducing Debt: FPARAS's debt to equity ratio has reduced from 127.6% to 109.9% over the past 5 years.
Debt Coverage: FPARAS's debt is not well covered by operating cash flow (6.3%).
Interest Coverage: FPARAS's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/09 19:19 |
| End of Day Share Price | 2024/08/12 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
FastPartner AB (publ) is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Victor Krüeger | ABG Sundal Collier Sponsored |
| null null | ABG Sundal Collier Sponsored |
| Erik Granström | Carnegie Investment Bank AB |