Hanza Balance Sheet Health
Financial Health criteria checks 5/6
Hanza has a total shareholder equity of SEK1.1B and total debt of SEK548.0M, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are SEK2.8B and SEK1.7B respectively. Hanza's EBIT is SEK318.0M making its interest coverage ratio 5.7. It has cash and short-term investments of SEK97.0M.
Key information
50.8%
Debt to equity ratio
kr548.00m
Debt
Interest coverage ratio | 5.7x |
Cash | kr97.00m |
Equity | kr1.08b |
Total liabilities | kr1.71b |
Total assets | kr2.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HANZAS's short term assets (SEK1.4B) exceed its short term liabilities (SEK1.2B).
Long Term Liabilities: HANZAS's short term assets (SEK1.4B) exceed its long term liabilities (SEK494.0M).
Debt to Equity History and Analysis
Debt Level: HANZAS's net debt to equity ratio (41.8%) is considered high.
Reducing Debt: HANZAS's debt to equity ratio has reduced from 88% to 50.8% over the past 5 years.
Debt Coverage: HANZAS's debt is well covered by operating cash flow (36.3%).
Interest Coverage: HANZAS's interest payments on its debt are well covered by EBIT (5.7x coverage).