Meko Balance Sheet Health
Financial Health criteria checks 5/6
Meko has a total shareholder equity of SEK6.2B and total debt of SEK3.7B, which brings its debt-to-equity ratio to 59.1%. Its total assets and total liabilities are SEK16.0B and SEK9.9B respectively. Meko's EBIT is SEK923.0M making its interest coverage ratio 3.7. It has cash and short-term investments of SEK623.0M.
Key information
59.1%
Debt to equity ratio
kr3.65b
Debt
Interest coverage ratio | 3.7x |
Cash | kr623.00m |
Equity | kr6.18b |
Total liabilities | kr9.87b |
Total assets | kr16.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HDJ's short term assets (SEK7.5B) exceed its short term liabilities (SEK4.4B).
Long Term Liabilities: 0HDJ's short term assets (SEK7.5B) exceed its long term liabilities (SEK5.5B).
Debt to Equity History and Analysis
Debt Level: 0HDJ's net debt to equity ratio (49%) is considered high.
Reducing Debt: 0HDJ's debt to equity ratio has reduced from 111.8% to 59.1% over the past 5 years.
Debt Coverage: 0HDJ's debt is well covered by operating cash flow (34.3%).
Interest Coverage: 0HDJ's interest payments on its debt are well covered by EBIT (3.7x coverage).