ASSA ABLOY Balance Sheet Health
Financial Health criteria checks 3/6
ASSA ABLOY has a total shareholder equity of SEK91.6B and total debt of SEK59.8B, which brings its debt-to-equity ratio to 65.2%. Its total assets and total liabilities are SEK196.4B and SEK104.7B respectively. ASSA ABLOY's EBIT is SEK21.4B making its interest coverage ratio 9. It has cash and short-term investments of SEK2.0B.
Key information
65.2%
Debt to equity ratio
kr59.75b
Debt
Interest coverage ratio | 9x |
Cash | kr2.00b |
Equity | kr91.65b |
Total liabilities | kr104.71b |
Total assets | kr196.35b |
Recent financial health updates
We Think ASSA ABLOY (STO:ASSA B) Can Stay On Top Of Its Debt
Dec 27Is ASSA ABLOY (STO:ASSA B) A Risky Investment?
Sep 02ASSA ABLOY (STO:ASSA B) Seems To Use Debt Rather Sparingly
May 26ASSA ABLOY (STO:ASSA B) Seems To Use Debt Rather Sparingly
Dec 28Recent updates
ASSA ABLOY (STO:ASSA B) Has Announced That It Will Be Increasing Its Dividend To SEK2.70
Mar 21ASSA ABLOY (STO:ASSA B) Is Increasing Its Dividend To SEK2.70
Feb 23ASSA ABLOY AB (publ) (STO:ASSA B) Annual Results: Here's What Analysts Are Forecasting For This Year
Feb 10Some Shareholders Feeling Restless Over ASSA ABLOY AB (publ)'s (STO:ASSA B) P/E Ratio
Jan 08We Think ASSA ABLOY (STO:ASSA B) Can Stay On Top Of Its Debt
Dec 27Is It Too Late To Consider Buying ASSA ABLOY AB (publ) (STO:ASSA B)?
Dec 15With EPS Growth And More, ASSA ABLOY (STO:ASSA B) Makes An Interesting Case
Dec 03ASSA ABLOY AB (publ)'s (STO:ASSA B) Intrinsic Value Is Potentially 33% Above Its Share Price
Sep 17Is ASSA ABLOY (STO:ASSA B) A Risky Investment?
Sep 02ASSA ABLOY's (STO:ASSA B) Upcoming Dividend Will Be Larger Than Last Year's
Aug 18ASSA ABLOY (STO:ASSA B) Is Increasing Its Dividend To SEK2.40
Jul 27ASSA ABLOY (STO:ASSA B) Is Increasing Its Dividend To SEK2.40
Jul 13Here's Why ASSA ABLOY (STO:ASSA B) Has Caught The Eye Of Investors
Jul 05ASSA ABLOY (STO:ASSA B) Has Announced That It Will Be Increasing Its Dividend To SEK2.40
Jun 22Investors Met With Slowing Returns on Capital At ASSA ABLOY (STO:ASSA B)
Jun 19ASSA ABLOY (STO:ASSA B) Seems To Use Debt Rather Sparingly
May 26ASSA ABLOY (STO:ASSA B) Is Increasing Its Dividend To SEK2.40
May 13ASSA ABLOY's (STO:ASSA B) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 29ASSA ABLOY's (STO:ASSA B) Dividend Will Be Increased To SEK2.40
Apr 05Estimating The Intrinsic Value Of ASSA ABLOY AB (publ) (STO:ASSA B)
Mar 20ASSA ABLOY (STO:ASSA B) Will Pay A Larger Dividend Than Last Year At SEK2.40
Feb 21Here's Why We Think ASSA ABLOY (STO:ASSA B) Is Well Worth Watching
Feb 07ASSA ABLOY's (STO:ASSA B) Upcoming Dividend Will Be Larger Than Last Year's
Feb 07ASSA ABLOY (STO:ASSA B) Seems To Use Debt Rather Sparingly
Dec 28A Look At The Fair Value Of ASSA ABLOY AB (publ) (STO:ASSA B)
Dec 15ASSA ABLOY's (STO:ASSA B) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 04ASSA ABLOY (STO:ASSA B) Is Increasing Its Dividend To SEK2.10
Oct 21ASSA ABLOY (STO:ASSA B) Is Paying Out A Larger Dividend Than Last Year
Oct 07ASSA ABLOY's (STO:ASSA B) Dividend Will Be Increased To SEK2.10
Sep 16ASSA ABLOY (STO:ASSA B) Is Paying Out A Larger Dividend Than Last Year
Sep 02ASSA ABLOY's (STO:ASSA B) Upcoming Dividend Will Be Larger Than Last Year's
Aug 18ASSA ABLOY's (STO:ASSA B) Upcoming Dividend Will Be Larger Than Last Year's
Aug 04ASSA ABLOY (STO:ASSA B) Has Announced That It Will Be Increasing Its Dividend To SEK2.10
Jul 17Financial Position Analysis
Short Term Liabilities: ASSA B's short term assets (SEK49.0B) exceed its short term liabilities (SEK44.6B).
Long Term Liabilities: ASSA B's short term assets (SEK49.0B) do not cover its long term liabilities (SEK60.1B).
Debt to Equity History and Analysis
Debt Level: ASSA B's net debt to equity ratio (63%) is considered high.
Reducing Debt: ASSA B's debt to equity ratio has increased from 52% to 65.2% over the past 5 years.
Debt Coverage: ASSA B's debt is well covered by operating cash flow (35.6%).
Interest Coverage: ASSA B's interest payments on its debt are well covered by EBIT (9x coverage).