AB SKF Balance Sheet Health
Financial Health criteria checks 6/6
AB SKF has a total shareholder equity of SEK57.7B and total debt of SEK16.5B, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are SEK113.4B and SEK55.7B respectively. AB SKF's EBIT is SEK9.9B making its interest coverage ratio 82.5. It has cash and short-term investments of SEK10.2B.
Key information
28.6%
Debt to equity ratio
SEK 16.49b
Debt
| Interest coverage ratio | 82.5x |
| Cash | SEK 10.16b |
| Equity | SEK 57.71b |
| Total liabilities | SEK 55.73b |
| Total assets | SEK 113.44b |
Recent financial health updates
Is AB SKF (STO:SKF B) Using Too Much Debt?
Apr 27
Does AB SKF (STO:SKF B) Have A Healthy Balance Sheet?
Jan 17These 4 Measures Indicate That AB SKF (STO:SKF B) Is Using Debt Reasonably Well
Sep 29Here's Why AB SKF (STO:SKF B) Can Manage Its Debt Responsibly
Jun 21Here's Why AB SKF (STO:SKF B) Can Manage Its Debt Responsibly
Mar 05Is AB SKF (STO:SKF B) Using Too Much Debt?
Dec 05Recent updates
Here's What To Make Of AB SKF's (STO:SKF B) Decelerating Rates Of Return
Aug 20Not Many Are Piling Into AB SKF (publ) (STO:SKF B) Just Yet
Jul 21At kr212, Is It Time To Put AB SKF (publ) (STO:SKF B) On Your Watch List?
Jul 04Here's What Analysts Are Forecasting For AB SKF (publ) (STO:SKF B) After Its First-Quarter Results
May 01Is AB SKF (STO:SKF B) Using Too Much Debt?
Apr 27AB SKF's (STO:SKF B) Dividend Will Be Increased To SEK7.50
Mar 21We think AB SKF (publ)'s (STO:SKF B) CEO May Struggle To See Much Of A Pay Rise This Year
Mar 20When Should You Buy AB SKF (publ) (STO:SKF B)?
Mar 18AB SKF's (STO:SKF B) Dividend Will Be Increased To SEK7.50
Feb 29Lacklustre Performance Is Driving AB SKF (publ)'s (STO:SKF B) Low P/E
Feb 18AB SKF (STO:SKF B) Is Increasing Its Dividend To SEK7.50
Feb 05An Intrinsic Calculation For AB SKF (publ) (STO:SKF B) Suggests It's 33% Undervalued
Jan 31Does AB SKF (STO:SKF B) Have A Healthy Balance Sheet?
Jan 17These 4 Measures Indicate That AB SKF (STO:SKF B) Is Using Debt Reasonably Well
Sep 29When Should You Buy AB SKF (publ) (STO:SKF B)?
Aug 30Returns At AB SKF (STO:SKF B) Appear To Be Weighed Down
Aug 14AB SKF (publ) (STO:SKF B) Shares Could Be 22% Below Their Intrinsic Value Estimate
Jul 18Here's Why AB SKF (STO:SKF B) Can Manage Its Debt Responsibly
Jun 21At kr188, Is It Time To Put AB SKF (publ) (STO:SKF B) On Your Watch List?
May 23AB SKF (STO:SKF B) Hasn't Managed To Accelerate Its Returns
May 10Estimating The Fair Value Of AB SKF (publ) (STO:SKF B)
Apr 10Here's Why AB SKF (STO:SKF B) Can Manage Its Debt Responsibly
Mar 05AB SKF (STO:SKF B) Is Paying Out A Dividend Of SEK7.00
Feb 21AB SKF's (STO:SKF B) Dividend Will Be SEK7.00
Feb 07There Are Reasons To Feel Uneasy About AB SKF's (STO:SKF B) Returns On Capital
Feb 02At kr186, Is It Time To Put AB SKF (publ) (STO:SKF B) On Your Watch List?
Jan 16AB SKF (publ) (STO:SKF B) Shares Could Be 34% Above Their Intrinsic Value Estimate
Jan 03Is AB SKF (STO:SKF B) Using Too Much Debt?
Dec 05Is It Time To Consider Buying AB SKF (publ) (STO:SKF B)?
Oct 05AB SKF (publ)'s (STO:SKF B) Intrinsic Value Is Potentially 50% Above Its Share Price
Sep 23The Returns At AB SKF (STO:SKF B) Aren't Growing
Aug 30Here's Why AB SKF (STO:SKF B) Can Manage Its Debt Responsibly
Aug 18Financial Position Analysis
Short Term Liabilities: SKF B's short term assets (SEK58.8B) exceed its short term liabilities (SEK29.3B).
Long Term Liabilities: SKF B's short term assets (SEK58.8B) exceed its long term liabilities (SEK26.5B).
Debt to Equity History and Analysis
Debt Level: SKF B's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: SKF B's debt to equity ratio has reduced from 44.8% to 28.6% over the past 5 years.
Debt Coverage: SKF B's debt is well covered by operating cash flow (69.4%).
Interest Coverage: SKF B's interest payments on its debt are well covered by EBIT (82.5x coverage).