Axfood Balance Sheet Health
Financial Health criteria checks 3/6
Axfood has a total shareholder equity of SEK7.2B and total debt of SEK519.0M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are SEK30.0B and SEK22.8B respectively. Axfood's EBIT is SEK3.4B making its interest coverage ratio 10.3. It has cash and short-term investments of SEK688.0M.
Key information
7.2%
Debt to equity ratio
kr519.00m
Debt
| Interest coverage ratio | 10.3x |
| Cash | kr688.00m |
| Equity | kr7.19b |
| Total liabilities | kr22.83b |
| Total assets | kr30.02b |
Recent financial health updates
Is Axfood (STO:AXFO) A Risky Investment?
Dec 17
Axfood (STO:AXFO) Seems To Use Debt Quite Sensibly
Apr 06Axfood (STO:AXFO) Could Easily Take On More Debt
Dec 27These 4 Measures Indicate That Axfood (STO:AXFO) Is Using Debt Safely
Aug 31Does Axfood (STO:AXFO) Have A Healthy Balance Sheet?
May 22Is Axfood (STO:AXFO) Using Too Much Debt?
Jan 19Recent updates
Axfood (STO:AXFO) Will Pay A Dividend Of SEK4.25
Apr 22Some Investors May Be Worried About Axfood's (STO:AXFO) Returns On Capital
Apr 03Is There An Opportunity With Axfood AB (publ)'s (STO:AXFO) 48% Undervaluation?
Mar 15Axfood's (STO:AXFO) Dividend Will Be Increased To SEK4.25
Feb 22We Like Axfood's (STO:AXFO) Earnings For More Than Just Statutory Profit
Feb 08Axfood AB (publ) (STO:AXFO) Just Released Its Yearly Earnings: Here's What Analysts Think
Feb 04What Axfood AB (publ)'s (STO:AXFO) P/E Is Not Telling You
Jan 04Is Axfood (STO:AXFO) A Risky Investment?
Dec 17Capital Allocation Trends At Axfood (STO:AXFO) Aren't Ideal
Nov 29Axfood's (STO:AXFO) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 28Axfood (STO:AXFO) May Have Issues Allocating Its Capital
Aug 21Is There An Opportunity With Axfood AB (publ)'s (STO:AXFO) 47% Undervaluation?
Aug 03Axfood's (STO:AXFO) Upcoming Dividend Will Be Larger Than Last Year's
Jul 18Axfood (STO:AXFO) Is Increasing Its Dividend To SEK4.00
Jul 04Should You Be Adding Axfood (STO:AXFO) To Your Watchlist Today?
Apr 18Axfood (STO:AXFO) Seems To Use Debt Quite Sensibly
Apr 06Axfood's (STO:AXFO) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 25Axfood (STO:AXFO) Is Reinvesting At Lower Rates Of Return
Mar 14Axfood (STO:AXFO) Has Announced That It Will Be Increasing Its Dividend To SEK4.15
Feb 18Is Axfood AB (publ) (STO:AXFO) Trading At A 42% Discount?
Feb 16Axfood's (STO:AXFO) Dividend Will Be Increased To SEK4.15
Feb 04Do Axfood's (STO:AXFO) Earnings Warrant Your Attention?
Jan 10Axfood (STO:AXFO) Could Easily Take On More Debt
Dec 27Some Investors May Be Worried About Axfood's (STO:AXFO) Returns On Capital
Nov 17Is Axfood AB (publ) (STO:AXFO) Trading At A 47% Discount?
Nov 05Do Axfood's (STO:AXFO) Earnings Warrant Your Attention?
Oct 02These 4 Measures Indicate That Axfood (STO:AXFO) Is Using Debt Safely
Aug 31There Are Reasons To Feel Uneasy About Axfood's (STO:AXFO) Returns On Capital
Jul 22Should You Be Adding Axfood (STO:AXFO) To Your Watchlist Today?
Jun 21Does Axfood (STO:AXFO) Have A Healthy Balance Sheet?
May 22Investors Could Be Concerned With Axfood's (STO:AXFO) Returns On Capital
Apr 14Axfood AB (publ) (STO:AXFO) Shares Could Be 46% Below Their Intrinsic Value Estimate
Apr 02Axfood (STO:AXFO) Is Increasing Its Dividend To kr4.00
Mar 06Axfood (STO:AXFO) Has Announced That It Will Be Increasing Its Dividend To kr4.00
Feb 20Axfood's (STO:AXFO) Dividend Will Be Increased To kr4.00
Feb 06Is Axfood (STO:AXFO) Using Too Much Debt?
Jan 19Axfood AB (publ)'s (STO:AXFO) Intrinsic Value Is Potentially 67% Above Its Share Price
Dec 14Axfood (STO:AXFO) Could Be Struggling To Allocate Capital
Dec 01Is Now The Time To Put Axfood (STO:AXFO) On Your Watchlist?
Nov 20These 4 Measures Indicate That Axfood (STO:AXFO) Is Using Debt Reasonably Well
Oct 13Financial Position Analysis
Short Term Liabilities: AXFO's short term assets (SEK8.9B) do not cover its short term liabilities (SEK13.7B).
Long Term Liabilities: AXFO's short term assets (SEK8.9B) do not cover its long term liabilities (SEK9.1B).
Debt to Equity History and Analysis
Debt Level: AXFO has more cash than its total debt.
Reducing Debt: AXFO's debt to equity ratio has increased from 0% to 7.2% over the past 5 years.
Debt Coverage: AXFO's debt is well covered by operating cash flow (1118.9%).
Interest Coverage: AXFO's interest payments on its debt are well covered by EBIT (10.3x coverage).