AB SKF Balance Sheet Health
Financial Health criteria checks 6/6
AB SKF has a total shareholder equity of SEK60.1B and total debt of SEK19.8B, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are SEK119.4B and SEK59.2B respectively. AB SKF's EBIT is SEK10.7B making its interest coverage ratio 49.6. It has cash and short-term investments of SEK14.5B.
Key information
33.0%
Debt to equity ratio
kr19.83b
Debt
Interest coverage ratio | 49.6x |
Cash | kr14.50b |
Equity | kr60.14b |
Total liabilities | kr59.24b |
Total assets | kr119.39b |
Recent financial health updates
Is AB SKF (STO:SKF B) Using Too Much Debt?
Apr 27Does 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 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 18At kr165, Is It Time To Put AB SKF (publ) (STO:SKF B) On Your Watch List?
Mar 19AB SKF (STO:SKF B) Is Paying Out A Larger Dividend Than Last Year
Mar 06AB SKF (STO:SKF B) Is Increasing Its Dividend To kr7.00
Feb 20AB SKF's (STO:SKF B) Dividend Will Be Increased To kr7.00
Feb 06Investors Will Want AB SKF's (STO:SKF B) Growth In ROCE To Persist
Feb 03AB SKF (publ)'s (STO:SKF B) Intrinsic Value Is Potentially 83% Above Its Share Price
Jan 20Here's Why AB SKF (STO:SKF B) Can Manage Its Debt Responsibly
Dec 26Is Now The Time To Look At Buying AB SKF (publ) (STO:SKF B)?
Nov 21Financial Position Analysis
Short Term Liabilities: SKF B's short term assets (SEK64.4B) exceed its short term liabilities (SEK28.9B).
Long Term Liabilities: SKF B's short term assets (SEK64.4B) exceed its long term liabilities (SEK30.3B).
Debt to Equity History and Analysis
Debt Level: SKF B's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: SKF B's debt to equity ratio has reduced from 55.1% to 33% over the past 5 years.
Debt Coverage: SKF B's debt is well covered by operating cash flow (64.6%).
Interest Coverage: SKF B's interest payments on its debt are well covered by EBIT (49.6x coverage).