AB Sagax Balance Sheet Health
Financial Health criteria checks 1/6
AB Sagax has a total shareholder equity of SEK37.5B and total debt of SEK36.3B, which brings its debt-to-equity ratio to 96.9%. Its total assets and total liabilities are SEK80.5B and SEK43.0B respectively. AB Sagax's EBIT is SEK3.7B making its interest coverage ratio 4.3. It has cash and short-term investments of SEK3.1B.
Key information
96.9%
Debt to equity ratio
SEK 36.28b
Debt
| Interest coverage ratio | 4.3x |
| Cash | SEK 3.06b |
| Equity | SEK 37.45b |
| Total liabilities | SEK 43.04b |
| Total assets | SEK 80.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAGAAS's short term assets (SEK4.8B) do not cover its short term liabilities (SEK8.4B).
Long Term Liabilities: SAGAAS's short term assets (SEK4.8B) do not cover its long term liabilities (SEK34.7B).
Debt to Equity History and Analysis
Debt Level: SAGAAS's net debt to equity ratio (88.7%) is considered high.
Reducing Debt: SAGAAS's debt to equity ratio has increased from 95.1% to 96.9% over the past 5 years.
Debt Coverage: SAGAAS's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: SAGAAS's interest payments on its debt are well covered by EBIT (4.3x coverage).