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).