Sandvik Balance Sheet Health
Financial Health criteria checks 4/6
Sandvik has a total shareholder equity of SEK89.0B and total debt of SEK49.9B, which brings its debt-to-equity ratio to 56%. Its total assets and total liabilities are SEK184.0B and SEK94.9B respectively. Sandvik's EBIT is SEK20.3B making its interest coverage ratio 11. It has cash and short-term investments of SEK5.4B.
Key information
56.0%
Debt to equity ratio
SEK 49.86b
Debt
Interest coverage ratio | 11x |
Cash | SEK 5.38b |
Equity | SEK 89.03b |
Total liabilities | SEK 94.95b |
Total assets | SEK 183.97b |
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 21Recent updates
Sandvik AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Jul 22There's Reason For Concern Over Sandvik AB (publ)'s (STO:SAND) Price
Jul 17An Intrinsic Calculation For Sandvik AB (publ) (STO:SAND) Suggests It's 34% Undervalued
Jul 04Should You Investigate Sandvik AB (publ) (STO:SAND) At kr223?
Jun 05Sandvik (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 09Financial Position Analysis
Short Term Liabilities: SAND's short term assets (SEK76.7B) exceed its short term liabilities (SEK48.4B).
Long Term Liabilities: SAND's short term assets (SEK76.7B) exceed its long term liabilities (SEK46.5B).
Debt to Equity History and Analysis
Debt Level: SAND's net debt to equity ratio (50%) is considered high.
Reducing Debt: SAND's debt to equity ratio has increased from 45.7% to 56% over the past 5 years.
Debt Coverage: SAND's debt is well covered by operating cash flow (34.1%).
Interest Coverage: SAND's interest payments on its debt are well covered by EBIT (11x coverage).