Sandvik Balance Sheet Health
Financial Health criteria checks 4/6
Sandvik has a total shareholder equity of SEK87.7B and total debt of SEK39.6B, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are SEK174.2B and SEK86.5B respectively. Sandvik's EBIT is SEK23.3B making its interest coverage ratio 11.6. It has cash and short-term investments of SEK4.4B.
Key information
45.1%
Debt to equity ratio
SEK 39.58b
Debt
| Interest coverage ratio | 11.6x |
| Cash | SEK 4.36b |
| Equity | SEK 87.70b |
| Total liabilities | SEK 86.51b |
| Total assets | SEK 174.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAND N's short term assets (SEK72.1B) exceed its short term liabilities (SEK43.9B).
Long Term Liabilities: SAND N's short term assets (SEK72.1B) exceed its long term liabilities (SEK42.6B).
Debt to Equity History and Analysis
Debt Level: SAND N's net debt to equity ratio (40.2%) is considered high.
Reducing Debt: SAND N's debt to equity ratio has increased from 41.1% to 45.1% over the past 5 years.
Debt Coverage: SAND N's debt is well covered by operating cash flow (47.5%).
Interest Coverage: SAND N's interest payments on its debt are well covered by EBIT (11.6x coverage).