Svedbergs Group Balance Sheet Health
Financial Health criteria checks 5/6
Svedbergs Group has a total shareholder equity of SEK1.0B and total debt of SEK570.8M, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are SEK2.3B and SEK1.3B respectively. Svedbergs Group's EBIT is SEK227.4M making its interest coverage ratio 5.6. It has cash and short-term investments of SEK142.5M.
Key information
56.3%
Debt to equity ratio
kr570.80m
Debt
| Interest coverage ratio | 5.6x |
| Cash | kr142.50m |
| Equity | kr1.01b |
| Total liabilities | kr1.31b |
| Total assets | kr2.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SVED BTA B's short term assets (SEK949.5M) exceed its short term liabilities (SEK482.3M).
Long Term Liabilities: SVED BTA B's short term assets (SEK949.5M) exceed its long term liabilities (SEK827.7M).
Debt to Equity History and Analysis
Debt Level: SVED BTA B's net debt to equity ratio (42.3%) is considered high.
Reducing Debt: SVED BTA B's debt to equity ratio has reduced from 134.4% to 56.3% over the past 5 years.
Debt Coverage: SVED BTA B's debt is well covered by operating cash flow (41.6%).
Interest Coverage: SVED BTA B's interest payments on its debt are well covered by EBIT (5.6x coverage).