AB Sagax Balance Sheet Health
Financial Health criteria checks 2/6
AB Sagax has a total shareholder equity of SEK40.5B and total debt of SEK35.4B, which brings its debt-to-equity ratio to 87.4%. Its total assets and total liabilities are SEK82.9B and SEK42.4B respectively. AB Sagax's EBIT is SEK3.8B making its interest coverage ratio 4.5. It has cash and short-term investments of SEK624.0M.
Key information
87.4%
Debt to equity ratio
SEK 35.42b
Debt
| Interest coverage ratio | 4.5x |
| Cash | SEK 624.00m |
| Equity | SEK 40.53b |
| Total liabilities | SEK 42.39b |
| Total assets | SEK 82.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAGABS's short term assets (SEK2.0B) do not cover its short term liabilities (SEK6.7B).
Long Term Liabilities: SAGABS's short term assets (SEK2.0B) do not cover its long term liabilities (SEK35.7B).
Debt to Equity History and Analysis
Debt Level: SAGABS's net debt to equity ratio (85.8%) is considered high.
Reducing Debt: SAGABS's debt to equity ratio has reduced from 97% to 87.4% over the past 5 years.
Debt Coverage: SAGABS's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: SAGABS's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 21:04 |
| End of Day Share Price | 2024/12/10 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
AB Sagax (publ) is covered by 10 analysts. 4 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 |
|---|---|
| Henrik Dahlgren | ABG Sundal Collier Sponsored |
| Erik Granström | Carnegie Investment Bank AB |
| Niklas Wetterling | DNB Markets |