Meko Balance Sheet Health
Financial Health criteria checks 6/6
Meko has a total shareholder equity of SEK6.5B and total debt of SEK3.3B, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are SEK16.9B and SEK10.4B respectively. Meko's EBIT is SEK996.0M making its interest coverage ratio 4.3. It has cash and short-term investments of SEK762.0M.
Key information
50.4%
Debt to equity ratio
SEK 3.27b
Debt
| Interest coverage ratio | 4.3x |
| Cash | SEK 762.00m |
| Equity | SEK 6.49b |
| Total liabilities | SEK 10.44b |
| Total assets | SEK 16.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HDJ's short term assets (SEK8.5B) exceed its short term liabilities (SEK5.3B).
Long Term Liabilities: 0HDJ's short term assets (SEK8.5B) exceed its long term liabilities (SEK5.1B).
Debt to Equity History and Analysis
Debt Level: 0HDJ's net debt to equity ratio (38.7%) is considered satisfactory.
Reducing Debt: 0HDJ's debt to equity ratio has reduced from 93.1% to 50.4% over the past 5 years.
Debt Coverage: 0HDJ's debt is well covered by operating cash flow (39.7%).
Interest Coverage: 0HDJ's interest payments on its debt are well covered by EBIT (4.3x coverage).