AcadeMedia Balance Sheet Health
Financial Health criteria checks 3/6
AcadeMedia has a total shareholder equity of SEK5.9B and total debt of SEK1.8B, which brings its debt-to-equity ratio to 30.6%. Its total assets and total liabilities are SEK20.1B and SEK14.2B respectively. AcadeMedia's EBIT is SEK1.2B making its interest coverage ratio 2.6. It has cash and short-term investments of SEK872.0M.
Key information
30.6%
Debt to equity ratio
kr1.81b
Debt
Interest coverage ratio | 2.6x |
Cash | kr872.00m |
Equity | kr5.91b |
Total liabilities | kr14.18b |
Total assets | kr20.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACADE N's short term assets (SEK1.8B) do not cover its short term liabilities (SEK4.1B).
Long Term Liabilities: ACADE N's short term assets (SEK1.8B) do not cover its long term liabilities (SEK10.1B).
Debt to Equity History and Analysis
Debt Level: ACADE N's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: ACADE N's debt to equity ratio has reduced from 69.4% to 30.6% over the past 5 years.
Debt Coverage: ACADE N's debt is well covered by operating cash flow (158.3%).
Interest Coverage: ACADE N's interest payments on its debt are not well covered by EBIT (2.6x coverage).