Axfood Balance Sheet Health
Financial Health criteria checks 3/6
Axfood has a total shareholder equity of SEK7.3B and total debt of SEK3.1B, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are SEK35.8B and SEK28.5B respectively. Axfood's EBIT is SEK3.5B making its interest coverage ratio 6.8. It has cash and short-term investments of SEK334.0M.
Key information
41.73%
Debt to equity ratio
SEK 3.05b
Debt
| Interest coverage ratio | 6.8x |
| Cash | SEK 334.00m |
| Equity | SEK 7.31b |
| Total liabilities | SEK 28.47b |
| Total assets | SEK 35.78b |
Recent financial health updates
Is Axfood (STO:AXFO) Using Too Much Debt?
May 22
Here's Why Axfood (STO:AXFO) Can Manage Its Debt Responsibly
Dec 09Recent updates
We Think You Can Look Beyond Axfood's (STO:AXFO) Lackluster Earnings
Nov 03Subdued Growth No Barrier To Axfood AB (publ)'s (STO:AXFO) Price
Oct 16Axfood (STO:AXFO) Might Be Having Difficulty Using Its Capital Effectively
Sep 28Earnings Update: Here's Why Analysts Just Lifted Their Axfood AB (publ) (STO:AXFO) Price Target To kr276
Jul 16
Omni-channel Pressure Will Constrain Margins Yet Spur Efficiency Gains
Intensifying competition, shifting consumer preferences, and ongoing investment needs may challenge Axfood's growth, margin expansion, and ability to capture additional market share.Risks To Shareholder Returns Are Elevated At These Prices For Axfood AB (publ) (STO:AXFO)
Jun 27Is Axfood (STO:AXFO) Using Too Much Debt?
May 22Axfood's (STO:AXFO) Conservative Accounting Might Explain Soft Earnings
May 04Axfood (STO:AXFO) Is Increasing Its Dividend To SEK4.50
Mar 17Axfood's E-commerce Growth Will Drive Sales in a Digital Age
Are there any products or services that could move sales or earnings meaningfully?Most Immediate Catalyst (1–2 Years):E-commerce Expansion: Accelerating its online grocery platform can capture increasAxfood's (STO:AXFO) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 16Here's Why Axfood (STO:AXFO) Can Manage Its Debt Responsibly
Dec 09Financial Position Analysis
Short Term Liabilities: AXFO's short term assets (SEK8.9B) do not cover its short term liabilities (SEK13.9B).
Long Term Liabilities: AXFO's short term assets (SEK8.9B) do not cover its long term liabilities (SEK14.6B).
Debt to Equity History and Analysis
Debt Level: AXFO's net debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: AXFO's debt to equity ratio has increased from 9.4% to 41.7% over the past 5 years.
Debt Coverage: AXFO's debt is well covered by operating cash flow (209.3%).
Interest Coverage: AXFO's interest payments on its debt are well covered by EBIT (6.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/18 04:03 |
| End of Day Share Price | 2025/11/18 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Axfood AB (publ) is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Anna Schumacher | BNP Paribas |
| Robert Joyce | BNP Paribas |