Prevas Balance Sheet Health
Financial Health criteria checks 6/6
Prevas has a total shareholder equity of SEK592.6M and total debt of SEK84.4M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are SEK974.1M and SEK381.4M respectively. Prevas's EBIT is SEK247.6M making its interest coverage ratio 40.6. It has cash and short-term investments of SEK101.5M.
Key information
14.2%
Debt to equity ratio
SEK 84.43m
Debt
| Interest coverage ratio | 40.6x |
| Cash | SEK 101.50m |
| Equity | SEK 592.65m |
| Total liabilities | SEK 381.44m |
| Total assets | SEK 974.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PREVBS's short term assets (SEK500.2M) exceed its short term liabilities (SEK309.7M).
Long Term Liabilities: PREVBS's short term assets (SEK500.2M) exceed its long term liabilities (SEK71.7M).
Debt to Equity History and Analysis
Debt Level: PREVBS has more cash than its total debt.
Reducing Debt: PREVBS's debt to equity ratio has reduced from 30.3% to 14.2% over the past 5 years.
Debt Coverage: PREVBS's debt is well covered by operating cash flow (178.9%).
Interest Coverage: PREVBS's interest payments on its debt are well covered by EBIT (40.6x coverage).