Volati Balance Sheet Health
Financial Health criteria checks 3/6
Volati has a total shareholder equity of SEK2.2B and total debt of SEK2.2B, which brings its debt-to-equity ratio to 100.1%. Its total assets and total liabilities are SEK7.3B and SEK5.1B respectively. Volati's EBIT is SEK564.0M making its interest coverage ratio 4.3. It has cash and short-term investments of SEK117.0M.
Key information
100.1%
Debt to equity ratio
kr2.23b
Debt
Interest coverage ratio | 4.3x |
Cash | kr117.00m |
Equity | kr2.23b |
Total liabilities | kr5.10b |
Total assets | kr7.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VOLO PREF's short term assets (SEK3.2B) exceed its short term liabilities (SEK1.8B).
Long Term Liabilities: VOLO PREF's short term assets (SEK3.2B) do not cover its long term liabilities (SEK3.3B).
Debt to Equity History and Analysis
Debt Level: VOLO PREF's net debt to equity ratio (94.9%) is considered high.
Reducing Debt: VOLO PREF's debt to equity ratio has increased from 47.7% to 100.1% over the past 5 years.
Debt Coverage: VOLO PREF's debt is well covered by operating cash flow (30.1%).
Interest Coverage: VOLO PREF's interest payments on its debt are well covered by EBIT (4.3x coverage).