Elanders Balance Sheet Health
Financial Health criteria checks 1/6
Elanders has a total shareholder equity of SEK3.8B and total debt of SEK10.4B, which brings its debt-to-equity ratio to 270.3%. Its total assets and total liabilities are SEK16.9B and SEK13.1B respectively. Elanders's EBIT is SEK668.4M making its interest coverage ratio 1.6. It has cash and short-term investments of SEK1.3B.
Key information
270.3%
Debt to equity ratio
SEK 10.36b
Debt
| Interest coverage ratio | 1.6x |
| Cash | SEK 1.33b |
| Equity | SEK 3.83b |
| Total liabilities | SEK 13.09b |
| Total assets | SEK 16.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JBY's short term assets (SEK4.4B) exceed its short term liabilities (SEK3.6B).
Long Term Liabilities: 0JBY's short term assets (SEK4.4B) do not cover its long term liabilities (SEK9.5B).
Debt to Equity History and Analysis
Debt Level: 0JBY's net debt to equity ratio (235.6%) is considered high.
Reducing Debt: 0JBY's debt to equity ratio has increased from 191.2% to 270.3% over the past 5 years.
Debt Coverage: 0JBY's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: 0JBY's interest payments on its debt are not well covered by EBIT (1.6x coverage).