Skanska Balance Sheet Health
Financial Health criteria checks 6/6
Skanska has a total shareholder equity of SEK58.1B and total debt of SEK12.0B, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are SEK162.0B and SEK103.8B respectively. Skanska's EBIT is SEK4.1B making its interest coverage ratio -5.5. It has cash and short-term investments of SEK15.0B.
Key information
20.6%
Debt to equity ratio
SEK 11.99b
Debt
| Interest coverage ratio | -5.5x |
| Cash | SEK 14.96b |
| Equity | SEK 58.13b |
| Total liabilities | SEK 103.85b |
| Total assets | SEK 161.98b |
Recent financial health updates
These 4 Measures Indicate That Skanska (STO:SKA B) Is Using Debt Extensively
Sep 19
Skanska (STO:SKA B) Takes On Some Risk With Its Use Of Debt
Jun 18Recent updates
Is Now An Opportune Moment To Examine Skanska AB (publ) (STO:SKA B)?
Dec 30Calculating The Fair Value Of Skanska AB (publ) (STO:SKA B)
Nov 23Skanska AB (publ) (STO:SKA B) Might Not Be As Mispriced As It Looks
Nov 08These 4 Measures Indicate That Skanska (STO:SKA B) Is Using Debt Extensively
Sep 19Is There Now An Opportunity In Skanska AB (publ) (STO:SKA B)?
Aug 14Skanska's (STO:SKA B) Anemic Earnings Might Be Worse Than You Think
Jul 27Skanska (STO:SKA B) Takes On Some Risk With Its Use Of Debt
Jun 18Is Skanska AB (publ) (STO:SKA B) Trading At A 46% Discount?
May 22Should You Think About Buying Skanska AB (publ) (STO:SKA B) Now?
May 09Skanska AB (publ)'s (STO:SKA B) Low P/E No Reason For Excitement
Apr 23Skanska (STO:SKA B) Has Announced That Its Dividend Will Be Reduced To SEK5.50
Mar 28Skanska's (STO:SKA B) Dividend Is Being Reduced To SEK5.50
Mar 08Skanska (STO:SKA B) Is Reducing Its Dividend To SEK5.50
Feb 22An Intrinsic Calculation For Skanska AB (publ) (STO:SKA B) Suggests It's 49% Undervalued
Feb 22Financial Position Analysis
Short Term Liabilities: SKA B's short term assets (SEK128.9B) exceed its short term liabilities (SEK83.2B).
Long Term Liabilities: SKA B's short term assets (SEK128.9B) exceed its long term liabilities (SEK20.7B).
Debt to Equity History and Analysis
Debt Level: SKA B has more cash than its total debt.
Reducing Debt: SKA B's debt to equity ratio has reduced from 29.3% to 20.6% over the past 5 years.
Debt Coverage: SKA B's debt is well covered by operating cash flow (70.1%).
Interest Coverage: SKA B earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 01:25 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Skanska AB (publ) is covered by 23 analysts. 7 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 |
|---|---|
| Christopher Moore | Berenberg |
| Arnaud Lehmann | BofA Global Research |
| Kristofer Liljeberg-Svensson | Carnegie Investment Bank AB |