HAKI Safety Balance Sheet Health
Financial Health criteria checks 2/6
HAKI Safety has a total shareholder equity of SEK662.0M and total debt of SEK375.0M, which brings its debt-to-equity ratio to 56.6%. Its total assets and total liabilities are SEK1.4B and SEK728.0M respectively. HAKI Safety's EBIT is SEK88.0M making its interest coverage ratio 3.1. It has cash and short-term investments of SEK74.0M.
Key information
56.6%
Debt to equity ratio
SEK 375.00m
Debt
| Interest coverage ratio | 3.1x |
| Cash | SEK 74.00m |
| Equity | SEK 662.00m |
| Total liabilities | SEK 728.00m |
| Total assets | SEK 1.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAKI A's short term assets (SEK584.0M) exceed its short term liabilities (SEK92.0M).
Long Term Liabilities: HAKI A's short term assets (SEK584.0M) do not cover its long term liabilities (SEK636.0M).
Debt to Equity History and Analysis
Debt Level: HAKI A's net debt to equity ratio (45.5%) is considered high.
Reducing Debt: HAKI A's debt to equity ratio has increased from 33.4% to 56.6% over the past 5 years.
Debt Coverage: HAKI A's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: HAKI A's interest payments on its debt are well covered by EBIT (3.1x coverage).