Nivika Fastigheter Balance Sheet Health
Financial Health criteria checks 2/6
Nivika Fastigheter has a total shareholder equity of SEK5.5B and total debt of SEK5.2B, which brings its debt-to-equity ratio to 94.9%. Its total assets and total liabilities are SEK11.5B and SEK6.0B respectively. Nivika Fastigheter's EBIT is SEK420.0M making its interest coverage ratio 1.5. It has cash and short-term investments of SEK218.5M.
Key information
94.9%
Debt to equity ratio
SEK 5.24b
Debt
| Interest coverage ratio | 1.5x |
| Cash | SEK 218.49m |
| Equity | SEK 5.53b |
| Total liabilities | SEK 5.95b |
| Total assets | SEK 11.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIVIBS's short term assets (SEK275.2M) exceed its short term liabilities (SEK237.1M).
Long Term Liabilities: NIVIBS's short term assets (SEK275.2M) do not cover its long term liabilities (SEK5.7B).
Debt to Equity History and Analysis
Debt Level: NIVIBS's net debt to equity ratio (90.9%) is considered high.
Reducing Debt: NIVIBS's debt to equity ratio has reduced from 172% to 94.9% over the past 5 years.
Debt Coverage: NIVIBS's debt is not well covered by operating cash flow (4.6%).
Interest Coverage: NIVIBS's interest payments on its debt are not well covered by EBIT (1.5x coverage).