Telefonaktiebolaget LM Ericsson Balance Sheet Health
Financial Health criteria checks 6/6
Telefonaktiebolaget LM Ericsson has a total shareholder equity of SEK125.8B and total debt of SEK33.7B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are SEK345.7B and SEK219.8B respectively. Telefonaktiebolaget LM Ericsson's EBIT is SEK27.6B making its interest coverage ratio 23.1. It has cash and short-term investments of SEK43.4B.
Key information
26.8%
Debt to equity ratio
kr33.74b
Debt
| Interest coverage ratio | 23.1x |
| Cash | kr43.39b |
| Equity | kr125.83b |
| Total liabilities | kr219.83b |
| Total assets | kr345.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ERIBRH's short term assets (SEK174.8B) exceed its short term liabilities (SEK154.6B).
Long Term Liabilities: ERIBRH's short term assets (SEK174.8B) exceed its long term liabilities (SEK65.2B).
Debt to Equity History and Analysis
Debt Level: ERIBRH has more cash than its total debt.
Reducing Debt: ERIBRH's debt to equity ratio has reduced from 36% to 26.8% over the past 5 years.
Debt Coverage: ERIBRH's debt is well covered by operating cash flow (74.1%).
Interest Coverage: ERIBRH's interest payments on its debt are well covered by EBIT (23.1x coverage).