FastPartner Balance Sheet Health
Financial Health criteria checks 2/6
FastPartner has a total shareholder equity of SEK16.5B and total debt of SEK16.8B, which brings its debt-to-equity ratio to 101.7%. Its total assets and total liabilities are SEK38.4B and SEK21.9B respectively. FastPartner's EBIT is SEK1.4B making its interest coverage ratio 3.7. It has cash and short-term investments of SEK177.3M.
Key information
101.7%
Debt to equity ratio
SEK 16.80b
Debt
| Interest coverage ratio | 3.7x |
| Cash | SEK 177.30m |
| Equity | SEK 16.52b |
| Total liabilities | SEK 21.92b |
| Total assets | SEK 38.44b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: FPARDS's short term assets (SEK454.6M) do not cover its short term liabilities (SEK4.3B).
Long Term Liabilities: FPARDS's short term assets (SEK454.6M) do not cover its long term liabilities (SEK17.6B).
Debt to Equity History and Analysis
Debt Level: FPARDS's net debt to equity ratio (100.6%) is considered high.
Reducing Debt: FPARDS's debt to equity ratio has reduced from 142.1% to 101.7% over the past 5 years.
Debt Coverage: FPARDS's debt is not well covered by operating cash flow (4%).
Interest Coverage: FPARDS's interest payments on its debt are well covered by EBIT (3.7x coverage).