Sandvik Balance Sheet Health
Financial Health criteria checks 4/6
Sandvik has a total shareholder equity of SEK87.7B and total debt of SEK44.7B, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are SEK173.5B and SEK85.8B respectively. Sandvik's EBIT is SEK21.1B making its interest coverage ratio 14.2. It has cash and short-term investments of SEK3.4B.
Key information
51.01%
Debt to equity ratio
SEK 44.74b
Debt
| Interest coverage ratio | 14.2x |
| Cash | SEK 3.45b |
| Equity | SEK 87.72b |
| Total liabilities | SEK 85.78b |
| Total assets | SEK 173.49b |
Recent financial health updates
Is Sandvik (STO:SAND) A Risky Investment?
Aug 27
Sandvik (STO:SAND) Has A Pretty Healthy Balance Sheet
May 23We Think Sandvik (STO:SAND) Can Stay On Top Of Its Debt
Dec 17Recent updates
Is Sandvik (STO:SAND) A Risky Investment?
Aug 27What Is Sandvik AB (publ)'s (STO:SAND) Share Price Doing?
Aug 13A Look At The Fair Value Of Sandvik AB (publ) (STO:SAND)
Jun 21Sandvik (STO:SAND) Has A Pretty Healthy Balance Sheet
May 23Is There Now An Opportunity In Sandvik AB (publ) (STO:SAND)?
May 09Sandvik (STO:SAND) Is Paying Out A Larger Dividend Than Last Year
Apr 22Sandvik AB (publ) (STO:SAND) Just Reported, And Analysts Assigned A kr219 Price Target
Apr 19Sandvik (STO:SAND) Is Increasing Its Dividend To SEK5.75
Apr 08Sandvik (STO:SAND) Has Announced That It Will Be Increasing Its Dividend To SEK5.75
Mar 25Analysts Have Made A Financial Statement On Sandvik AB (publ)'s (STO:SAND) Full-Year Report
Mar 13Sandvik (STO:SAND) Is Increasing Its Dividend To SEK5.75
Mar 11Sandvik's (STO:SAND) Dividend Will Be Increased To SEK5.75
Feb 13Sandvik (STO:SAND) Is Increasing Its Dividend To SEK5.75
Jan 30Sandvik AB (publ) (STO:SAND) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Jan 26Sandvik AB (publ)'s (STO:SAND) Business Is Yet to Catch Up With Its Share Price
Jan 13Is There Now An Opportunity In Sandvik AB (publ) (STO:SAND)?
Dec 30We Think Sandvik (STO:SAND) Can Stay On Top Of Its Debt
Dec 17
Innovative Mining Solutions And Tactical Acquisitions Propel Future Growth
Sandvik's focus on mining automation and industry innovations supports revenue growth and enhances competitive positioning amid high metal prices.Sandvik AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Oct 24Is Sandvik AB (publ) (STO:SAND) Trading At A 41% Discount?
Oct 14Is Now The Time To Look At Buying Sandvik AB (publ) (STO:SAND)?
Sep 16Financial Position Analysis
Short Term Liabilities: SAND's short term assets (SEK71.1B) exceed its short term liabilities (SEK43.8B).
Long Term Liabilities: SAND's short term assets (SEK71.1B) exceed its long term liabilities (SEK42.0B).
Debt to Equity History and Analysis
Debt Level: SAND's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: SAND's debt to equity ratio has increased from 36.2% to 51% over the past 5 years.
Debt Coverage: SAND's debt is well covered by operating cash flow (45.8%).
Interest Coverage: SAND's interest payments on its debt are well covered by EBIT (14.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/09/03 17:23 |
| End of Day Share Price | 2025/09/03 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Sandvik AB (publ) is covered by 60 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Vladimir Sergievskii | Barclays |
| Vladimir Sergievskii | Barclays |