Addnode Group Balance Sheet Health
Financial Health criteria checks 2/6
Addnode Group has a total shareholder equity of SEK2.1B and total debt of SEK1.7B, which brings its debt-to-equity ratio to 81.3%. Its total assets and total liabilities are SEK6.6B and SEK4.5B respectively. Addnode Group's EBIT is SEK433.0M making its interest coverage ratio 7.6. It has cash and short-term investments of SEK565.0M.
Key information
81.3%
Debt to equity ratio
kr1.67b
Debt
Interest coverage ratio | 7.6x |
Cash | kr565.00m |
Equity | kr2.06b |
Total liabilities | kr4.50b |
Total assets | kr6.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANODBS's short term assets (SEK2.2B) do not cover its short term liabilities (SEK2.3B).
Long Term Liabilities: ANODBS's short term assets (SEK2.2B) do not cover its long term liabilities (SEK2.2B).
Debt to Equity History and Analysis
Debt Level: ANODBS's net debt to equity ratio (53.8%) is considered high.
Reducing Debt: ANODBS's debt to equity ratio has increased from 0% to 81.3% over the past 5 years.
Debt Coverage: ANODBS's debt is well covered by operating cash flow (31%).
Interest Coverage: ANODBS's interest payments on its debt are well covered by EBIT (7.6x coverage).