HAKI Safety Balance Sheet Health
Financial Health criteria checks 4/6
HAKI Safety has a total shareholder equity of SEK669.0M and total debt of SEK339.0M, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are SEK1.4B and SEK692.0M respectively. HAKI Safety's EBIT is SEK94.0M making its interest coverage ratio 4.1. It has cash and short-term investments of SEK64.0M.
Key information
50.7%
Debt to equity ratio
kr339.00m
Debt
Interest coverage ratio | 4.1x |
Cash | kr64.00m |
Equity | kr669.00m |
Total liabilities | kr692.00m |
Total assets | kr1.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAKI A's short term assets (SEK597.0M) exceed its short term liabilities (SEK176.0M).
Long Term Liabilities: HAKI A's short term assets (SEK597.0M) exceed its long term liabilities (SEK516.0M).
Debt to Equity History and Analysis
Debt Level: HAKI A's net debt to equity ratio (41.1%) is considered high.
Reducing Debt: HAKI A's debt to equity ratio has increased from 36.3% to 50.7% over the past 5 years.
Debt Coverage: HAKI A's debt is well covered by operating cash flow (22.1%).
Interest Coverage: HAKI A's interest payments on its debt are well covered by EBIT (4.1x coverage).