Elekta Balance Sheet Health
Financial Health criteria checks 6/6
Elekta has a total shareholder equity of SEK10.3B and total debt of SEK5.9B, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are SEK30.7B and SEK20.5B respectively. Elekta's EBIT is SEK2.4B making its interest coverage ratio 8.2. It has cash and short-term investments of SEK2.4B.
Key information
57.2%
Debt to equity ratio
kr5.86b
Debt
| Interest coverage ratio | 8.2x |
| Cash | kr2.35b |
| Equity | kr10.25b |
| Total liabilities | kr20.48b |
| Total assets | kr30.73b |
Recent financial health updates
Is Elekta (STO:EKTA B) A Risky Investment?
Mar 18
Here's Why Elekta (STO:EKTA B) Can Manage Its Debt Responsibly
Apr 02These 4 Measures Indicate That Elekta (STO:EKTA B) Is Using Debt Reasonably Well
Dec 27Is Elekta (STO:EKTA B) A Risky Investment?
Aug 22Elekta (STO:EKTA B) Seems To Use Debt Quite Sensibly
Apr 28Recent updates
When Should You Buy Elekta AB (publ) (STO:EKTA B)?
Apr 03Is Elekta (STO:EKTA B) A Risky Investment?
Mar 18Elekta (STO:EKTA B) Is Paying Out A Dividend Of SEK1.20
Feb 22Why Investors Shouldn't Be Surprised By Elekta AB (publ)'s (STO:EKTA B) P/E
Feb 20Return Trends At Elekta (STO:EKTA B) Aren't Appealing
Feb 08Elekta AB (publ)'s (STO:EKTA B) Intrinsic Value Is Potentially 37% Above Its Share Price
Jan 03Elekta (STO:EKTA B) Will Pay A Dividend Of SEK1.20
Dec 18Elekta (STO:EKTA B) Is Due To Pay A Dividend Of SEK1.20
Dec 01Elekta (STO:EKTA B) Has Affirmed Its Dividend Of SEK1.20
Nov 11Elekta (STO:EKTA B) Has Some Way To Go To Become A Multi-Bagger
Nov 09Elekta (STO:EKTA B) Will Pay A Dividend Of SEK1.20
Oct 28Is Now The Time To Look At Buying Elekta AB (publ) (STO:EKTA B)?
Oct 26Elekta (STO:EKTA B) Has Affirmed Its Dividend Of SEK1.20
Oct 14An Intrinsic Calculation For Elekta AB (publ) (STO:EKTA B) Suggests It's 41% Undervalued
Sep 23Elekta (STO:EKTA B) Is Due To Pay A Dividend Of SEK1.20
Sep 08Elekta (STO:EKTA B) Has Announced A Dividend Of SEK1.20
Aug 25Elekta (STO:EKTA B) Has Announced A Dividend Of SEK1.20
Aug 10Is There Now An Opportunity In Elekta AB (publ) (STO:EKTA B)?
Jul 21Elekta (STO:EKTA B) Will Pay A Dividend Of SEK1.20
Jul 08Is There An Opportunity With Elekta AB (publ)'s (STO:EKTA B) 25% Undervaluation?
Jun 13Elekta (STO:EKTA B) Is Due To Pay A Dividend Of SEK1.20
May 28Here's Why Elekta (STO:EKTA B) Can Manage Its Debt Responsibly
Apr 02Investors Can Find Comfort In Elekta's (STO:EKTA B) Earnings Quality
Mar 04Elekta AB (publ)'s (STO:EKTA B) Intrinsic Value Is Potentially 57% Above Its Share Price
Feb 27Elekta's (STO:EKTA B) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 15Elekta (STO:EKTA B) Will Pay A Larger Dividend Than Last Year At SEK1.20
Feb 01What Does Elekta AB (publ)'s (STO:EKTA B) Share Price Indicate?
Jan 23These 4 Measures Indicate That Elekta (STO:EKTA B) Is Using Debt Reasonably Well
Dec 27Elekta's (STO:EKTA B) Upcoming Dividend Will Be Larger Than Last Year's
Dec 14Elekta (STO:EKTA B) Is Reinvesting At Lower Rates Of Return
Dec 09Elekta's (STO:EKTA B) Upcoming Dividend Will Be Larger Than Last Year's
Nov 23Elekta's (STO:EKTA B) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 09Elekta (STO:EKTA B) Will Pay A Larger Dividend Than Last Year At SEK1.20
Oct 26What Is Elekta AB (publ)'s (STO:EKTA B) Share Price Doing?
Oct 17Elekta's (STO:EKTA B) Dividend Will Be Increased To SEK1.20
Sep 19Elekta (STO:EKTA B) Has Announced That It Will Be Increasing Its Dividend To SEK1.20
Aug 28Is Elekta (STO:EKTA B) A Risky Investment?
Aug 22Elekta's (STO:EKTA B) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 08Elekta's (STO:EKTA B) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 10Return Trends At Elekta (STO:EKTA B) Aren't Appealing
Jul 07When Should You Buy Elekta AB (publ) (STO:EKTA B)?
Jun 23Elekta (STO:EKTA B) Seems To Use Debt Quite Sensibly
Apr 28Financial Position Analysis
Short Term Liabilities: EKTA B's short term assets (SEK14.2B) exceed its short term liabilities (SEK13.0B).
Long Term Liabilities: EKTA B's short term assets (SEK14.2B) exceed its long term liabilities (SEK7.5B).
Debt to Equity History and Analysis
Debt Level: EKTA B's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: EKTA B's debt to equity ratio has reduced from 62% to 57.2% over the past 5 years.
Debt Coverage: EKTA B's debt is well covered by operating cash flow (53.5%).
Interest Coverage: EKTA B's interest payments on its debt are well covered by EBIT (8.2x coverage).