Heba Fastighets Balance Sheet Health
Financial Health criteria checks 1/6
Heba Fastighets has a total shareholder equity of SEK7.4B and total debt of SEK7.3B, which brings its debt-to-equity ratio to 98.1%. Its total assets and total liabilities are SEK16.7B and SEK9.3B respectively. Heba Fastighets's EBIT is SEK306.4M making its interest coverage ratio -1.6. It has cash and short-term investments of SEK330.1M.
Key information
98.1%
Debt to equity ratio
SEK 7.28b
Debt
| Interest coverage ratio | -1.6x |
| Cash | SEK 330.10m |
| Equity | SEK 7.41b |
| Total liabilities | SEK 9.30b |
| Total assets | SEK 16.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEBABS's short term assets (SEK397.4M) do not cover its short term liabilities (SEK2.3B).
Long Term Liabilities: HEBABS's short term assets (SEK397.4M) do not cover its long term liabilities (SEK7.1B).
Debt to Equity History and Analysis
Debt Level: HEBABS's net debt to equity ratio (93.7%) is considered high.
Reducing Debt: HEBABS's debt to equity ratio has increased from 72.5% to 98.1% over the past 5 years.
Debt Coverage: HEBABS's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: HEBABS earns more interest than it pays, so coverage of interest payments is not a concern.