Permascand Top Holding Balance Sheet Health
Financial Health criteria checks 5/6
Permascand Top Holding has a total shareholder equity of SEK378.0M and total debt of SEK84.0M, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are SEK590.0M and SEK212.0M respectively. Permascand Top Holding's EBIT is SEK22.0M making its interest coverage ratio 3.7. It has cash and short-term investments of SEK61.0M.
Key information
22.2%
Debt to equity ratio
kr84.00m
Debt
| Interest coverage ratio | 3.7x |
| Cash | kr61.00m |
| Equity | kr378.00m |
| Total liabilities | kr212.00m |
| Total assets | kr590.00m |
Recent financial health updates
Recent updates
Permascand Top Holding (STO:PSCAND) Will Want To Turn Around Its Return Trends
Sep 02
Permascand Top Holding (STO:PSCAND) Shareholders Will Want The ROCE Trajectory To Continue
Jun 02Earnings Working Against Permascand Top Holding AB (publ)'s (STO:PSCAND) Share Price Following 26% Dive
Mar 09Permascand Top Holding AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Feb 13Weak Statutory Earnings May Not Tell The Whole Story For Permascand Top Holding (STO:PSCAND)
Nov 17Financial Position Analysis
Short Term Liabilities: PSCAND's short term assets (SEK288.0M) exceed its short term liabilities (SEK176.0M).
Long Term Liabilities: PSCAND's short term assets (SEK288.0M) exceed its long term liabilities (SEK36.0M).
Debt to Equity History and Analysis
Debt Level: PSCAND's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: PSCAND's debt to equity ratio has reduced from 29.4% to 22.2% over the past 5 years.
Debt Coverage: PSCAND's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PSCAND's interest payments on its debt are well covered by EBIT (3.7x coverage).