Safe at Sea Balance Sheet Health
Financial Health criteria checks 6/6
Safe at Sea has a total shareholder equity of SEK10.9M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK17.6M and SEK6.7M respectively. Safe at Sea's EBIT is SEK1.1M making its interest coverage ratio 36.7. It has cash and short-term investments of SEK1.7M.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | 36.7x |
| Cash | kr1.69m |
| Equity | kr10.90m |
| Total liabilities | kr6.69m |
| Total assets | kr17.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAFE's short term assets (SEK11.8M) exceed its short term liabilities (SEK6.7M).
Long Term Liabilities: SAFE's short term assets (SEK11.8M) exceed its long term liabilities (SEK1,000.0).
Debt to Equity History and Analysis
Debt Level: SAFE is debt free.
Reducing Debt: SAFE had no debt 5 years ago.
Debt Coverage: SAFE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SAFE has no debt, therefore coverage of interest payments is not a concern.