Investment AB Öresund Balance Sheet Health
Financial Health criteria checks 6/6
Investment AB Öresund has a total shareholder equity of SEK4.9B and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK4.9B and SEK31.6M respectively. Investment AB Öresund's EBIT is SEK248.3M making its interest coverage ratio -16.1. It has cash and short-term investments of SEK335.4M.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | -16.1x |
| Cash | kr335.40m |
| Equity | kr4.87b |
| Total liabilities | kr31.60m |
| Total assets | kr4.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ORES's short term assets (SEK363.9M) exceed its short term liabilities (SEK14.6M).
Long Term Liabilities: ORES's short term assets (SEK363.9M) exceed its long term liabilities (SEK17.0M).
Debt to Equity History and Analysis
Debt Level: ORES is debt free.
Reducing Debt: ORES has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Debt Coverage: ORES has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ORES has no debt, therefore coverage of interest payments is not a concern.