Sandvik Balance Sheet Health
Financial Health criteria checks 5/6
Sandvik has a total shareholder equity of SEK93.6B and total debt of SEK41.4B, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are SEK180.5B and SEK86.9B respectively. Sandvik's EBIT is SEK19.9B making its interest coverage ratio 10. It has cash and short-term investments of SEK3.6B.
Key information
44.2%
Debt to equity ratio
kr41.37b
Debt
Interest coverage ratio | 10x |
Cash | kr3.58b |
Equity | kr93.57b |
Total liabilities | kr86.90b |
Total assets | kr180.47b |
Recent financial health updates
Sandvik (STO:SAND) Seems To Use Debt Quite Sensibly
Dec 16Sandvik (STO:SAND) Seems To Use Debt Quite Sensibly
Sep 12Here's Why Sandvik (STO:SAND) Can Manage Its Debt Responsibly
May 21Sandvik (STO:SAND) Seems To Use Debt Rather Sparingly
May 23Recent updates
Sandvik (STO:SAND) Is Increasing Its Dividend To SEK5.50
Apr 28Sandvik AB (publ)'s (STO:SAND) Shares Lagging The Market But So Is The Business
Jan 22Sandvik (STO:SAND) Seems To Use Debt Quite Sensibly
Dec 16Does Sandvik (STO:SAND) Deserve A Spot On Your Watchlist?
Dec 04Is There An Opportunity With Sandvik AB (publ)'s (STO:SAND) 29% Undervaluation?
Nov 10What Is Sandvik AB (publ)'s (STO:SAND) Share Price Doing?
Oct 20Sandvik (STO:SAND) Seems To Use Debt Quite Sensibly
Sep 12Do Sandvik's (STO:SAND) Earnings Warrant Your Attention?
Aug 30A Look At The Fair Value Of Sandvik AB (publ) (STO:SAND)
Jul 28When Should You Buy Sandvik AB (publ) (STO:SAND)?
Jul 02Here's Why Sandvik (STO:SAND) Can Manage Its Debt Responsibly
May 21Calculating The Intrinsic Value Of Sandvik AB (publ) (STO:SAND)
Apr 18Sandvik's (STO:SAND) Dividend Will Be Increased To SEK5.00
Apr 05Is It Time To Consider Buying Sandvik AB (publ) (STO:SAND)?
Mar 30Sandvik (STO:SAND) Is Increasing Its Dividend To SEK5.00
Feb 07Sandvik's (STO:SAND) Dividend Will Be Increased To SEK5.00
Jan 24Here's Why We Think Sandvik (STO:SAND) Might Deserve Your Attention Today
Jan 20Should You Investigate Sandvik AB (publ) (STO:SAND) At kr194?
Dec 15A Look At The Intrinsic Value Of Sandvik AB (publ) (STO:SAND)
Dec 02Is Sandvik AB (publ) (STO:SAND) Trading At A 37% Discount?
Aug 22Should You Be Adding Sandvik (STO:SAND) To Your Watchlist Today?
Jul 31Why Sandvik AB (publ) (STO:SAND) Could Be Worth Watching
Jul 20Sandvik's (STO:SAND) Returns Have Hit A Wall
Jul 09Sandvik (STO:SAND) Seems To Use Debt Rather Sparingly
May 23Financial Position Analysis
Short Term Liabilities: SAND's short term assets (SEK73.6B) exceed its short term liabilities (SEK45.5B).
Long Term Liabilities: SAND's short term assets (SEK73.6B) exceed its long term liabilities (SEK41.4B).
Debt to Equity History and Analysis
Debt Level: SAND's net debt to equity ratio (40.4%) is considered high.
Reducing Debt: SAND's debt to equity ratio has reduced from 52.7% to 44.2% over the past 5 years.
Debt Coverage: SAND's debt is well covered by operating cash flow (45.1%).
Interest Coverage: SAND's interest payments on its debt are well covered by EBIT (10x coverage).