Telefonaktiebolaget LM Ericsson (publ)

LSE:0O87 Stock Report

Market Cap: SEK 302.5b

Telefonaktiebolaget LM Ericsson Balance Sheet Health

Financial Health criteria checks 6/6

Telefonaktiebolaget LM Ericsson has a total shareholder equity of SEK85.4B and total debt of SEK36.7B, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are SEK272.5B and SEK187.1B respectively. Telefonaktiebolaget LM Ericsson's EBIT is SEK21.0B making its interest coverage ratio 165.6. It has cash and short-term investments of SEK47.4B.

Key information

42.9%

Debt to equity ratio

SEK 36.66b

Debt

Interest coverage ratio165.6x
CashSEK 47.39b
EquitySEK 85.36b
Total liabilitiesSEK 187.10b
Total assetsSEK 272.45b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0O87's short term assets (SEK141.9B) exceed its short term liabilities (SEK118.9B).

Long Term Liabilities: 0O87's short term assets (SEK141.9B) exceed its long term liabilities (SEK68.2B).


Debt to Equity History and Analysis

Debt Level: 0O87 has more cash than its total debt.

Reducing Debt: 0O87's debt to equity ratio has reduced from 50% to 42.9% over the past 5 years.

Debt Coverage: 0O87's debt is well covered by operating cash flow (117.9%).

Interest Coverage: 0O87's interest payments on its debt are well covered by EBIT (165.6x coverage).


Balance Sheet


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