ASSA ABLOY Balance Sheet Health
Financial Health criteria checks 3/6
ASSA ABLOY has a total shareholder equity of SEK100.1B and total debt of SEK64.7B, which brings its debt-to-equity ratio to 64.7%. Its total assets and total liabilities are SEK211.1B and SEK111.0B respectively. ASSA ABLOY's EBIT is SEK23.5B making its interest coverage ratio 7.2. It has cash and short-term investments of SEK3.6B.
Key information
64.7%
Debt to equity ratio
SEK 64.75b
Debt
| Interest coverage ratio | 7.2x |
| Cash | SEK 3.61b |
| Equity | SEK 100.10b |
| Total liabilities | SEK 111.02b |
| Total assets | SEK 211.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0R87 N's short term assets (SEK54.1B) exceed its short term liabilities (SEK49.3B).
Long Term Liabilities: 0R87 N's short term assets (SEK54.1B) do not cover its long term liabilities (SEK61.7B).
Debt to Equity History and Analysis
Debt Level: 0R87 N's net debt to equity ratio (61.1%) is considered high.
Reducing Debt: 0R87 N's debt to equity ratio has increased from 58.1% to 64.7% over the past 5 years.
Debt Coverage: 0R87 N's debt is well covered by operating cash flow (31.1%).
Interest Coverage: 0R87 N's interest payments on its debt are well covered by EBIT (7.2x coverage).