Getinge Balance Sheet Health
Financial Health criteria checks 6/6
Getinge has a total shareholder equity of SEK31.1B and total debt of SEK4.4B, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are SEK51.0B and SEK19.9B respectively. Getinge's EBIT is SEK4.0B making its interest coverage ratio 20.6. It has cash and short-term investments of SEK4.6B.
Key information
14.2%
Debt to equity ratio
SEK 4.42b
Debt
| Interest coverage ratio | 20.6x |
| Cash | SEK 4.63b |
| Equity | SEK 31.06b |
| Total liabilities | SEK 19.93b |
| Total assets | SEK 50.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GETIB N's short term assets (SEK17.9B) exceed its short term liabilities (SEK10.4B).
Long Term Liabilities: GETIB N's short term assets (SEK17.9B) exceed its long term liabilities (SEK9.5B).
Debt to Equity History and Analysis
Debt Level: GETIB N has more cash than its total debt.
Reducing Debt: GETIB N's debt to equity ratio has reduced from 54.6% to 14.2% over the past 5 years.
Debt Coverage: GETIB N's debt is well covered by operating cash flow (51.9%).
Interest Coverage: GETIB N's interest payments on its debt are well covered by EBIT (20.6x coverage).