Arise Balance Sheet Health
Financial Health criteria checks 4/6
Arise has a total shareholder equity of SEK2.2B and total debt of SEK1.1B, which brings its debt-to-equity ratio to 51.2%. Its total assets and total liabilities are SEK3.8B and SEK1.6B respectively. Arise's EBIT is SEK194.0M making its interest coverage ratio 5.1. It has cash and short-term investments of SEK830.0M.
Key information
51.2%
Debt to equity ratio
SEK 1.13b
Debt
| Interest coverage ratio | 5.1x |
| Cash | SEK 830.00m |
| Equity | SEK 2.20b |
| Total liabilities | SEK 1.60b |
| Total assets | SEK 3.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARISES's short term assets (SEK1.3B) exceed its short term liabilities (SEK164.0M).
Long Term Liabilities: ARISES's short term assets (SEK1.3B) do not cover its long term liabilities (SEK1.4B).
Debt to Equity History and Analysis
Debt Level: ARISES's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: ARISES's debt to equity ratio has reduced from 121.5% to 51.2% over the past 5 years.
Debt Coverage: ARISES's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: ARISES's interest payments on its debt are well covered by EBIT (5.1x coverage).