Lagercrantz Group Balance Sheet Health
Financial Health criteria checks 4/6
Lagercrantz Group has a total shareholder equity of SEK3.2B and total debt of SEK2.8B, which brings its debt-to-equity ratio to 86.4%. Its total assets and total liabilities are SEK8.6B and SEK5.4B respectively. Lagercrantz Group's EBIT is SEK1.2B making its interest coverage ratio 9.8. It has cash and short-term investments of SEK373.0M.
Key information
86.4%
Debt to equity ratio
kr2.79b
Debt
Interest coverage ratio | 9.8x |
Cash | kr373.00m |
Equity | kr3.23b |
Total liabilities | kr5.36b |
Total assets | kr8.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RB7's short term assets (SEK3.2B) exceed its short term liabilities (SEK2.6B).
Long Term Liabilities: 0RB7's short term assets (SEK3.2B) exceed its long term liabilities (SEK2.7B).
Debt to Equity History and Analysis
Debt Level: 0RB7's net debt to equity ratio (74.8%) is considered high.
Reducing Debt: 0RB7's debt to equity ratio has increased from 0% to 86.4% over the past 5 years.
Debt Coverage: 0RB7's debt is well covered by operating cash flow (49%).
Interest Coverage: 0RB7's interest payments on its debt are well covered by EBIT (9.8x coverage).