Telefonaktiebolaget LM Ericsson Balance Sheet Health
Financial Health criteria checks 5/6
Telefonaktiebolaget LM Ericsson has a total shareholder equity of SEK82.5B and total debt of SEK40.6B, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are SEK278.5B and SEK196.0B respectively. Telefonaktiebolaget LM Ericsson's EBIT is SEK17.5B making its interest coverage ratio 19.4. It has cash and short-term investments of SEK42.6B.
Key information
49.2%
Debt to equity ratio
SEK 40.59b
Debt
| Interest coverage ratio | 19.4x |
| Cash | SEK 42.57b |
| Equity | SEK 82.47b |
| Total liabilities | SEK 196.02b |
| Total assets | SEK 278.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IID's short term assets (SEK145.6B) exceed its short term liabilities (SEK127.5B).
Long Term Liabilities: 0IID's short term assets (SEK145.6B) exceed its long term liabilities (SEK68.6B).
Debt to Equity History and Analysis
Debt Level: 0IID has more cash than its total debt.
Reducing Debt: 0IID's debt to equity ratio has increased from 41.6% to 49.2% over the past 5 years.
Debt Coverage: 0IID's debt is well covered by operating cash flow (74.5%).
Interest Coverage: 0IID's interest payments on its debt are well covered by EBIT (19.4x coverage).