Getinge Balance Sheet Health
Financial Health criteria checks 6/6
Getinge has a total shareholder equity of SEK30.5B and total debt of SEK9.1B, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are SEK59.6B and SEK29.1B respectively. Getinge's EBIT is SEK3.4B making its interest coverage ratio 6.8. It has cash and short-term investments of SEK2.2B.
Key information
30.0%
Debt to equity ratio
SEK 9.13b
Debt
| Interest coverage ratio | 6.8x |
| Cash | SEK 2.24b |
| Equity | SEK 30.47b |
| Total liabilities | SEK 29.15b |
| Total assets | SEK 59.61b |
Recent financial health updates
Here's Why Getinge (STO:GETI B) Can Manage Its Debt Responsibly
Sep 19
Getinge (STO:GETI B) Seems To Use Debt Quite Sensibly
May 11Here's Why Getinge (STO:GETI B) Can Manage Its Debt Responsibly
Jan 05Getinge (STO:GETI B) Has A Pretty Healthy Balance Sheet
Oct 06Is Getinge (STO:GETI B) A Risky Investment?
Jun 28Is Getinge (STO:GETI B) Using Too Much Debt?
Feb 03Recent updates
Getinge (STO:GETI B) Is Experiencing Growth In Returns On Capital
Oct 17Here's Why Getinge (STO:GETI B) Can Manage Its Debt Responsibly
Sep 19Pinning Down Getinge AB (publ)'s (STO:GETI B) P/E Is Difficult Right Now
Aug 23An Intrinsic Calculation For Getinge AB (publ) (STO:GETI B) Suggests It's 49% Undervalued
Aug 08Getinge AB (publ) Just Recorded A 21% EPS Beat: Here's What Analysts Are Forecasting Next
Jul 21We Like These Underlying Return On Capital Trends At Getinge (STO:GETI B)
Jun 27Getinge (STO:GETI B) Seems To Use Debt Quite Sensibly
May 11Results: Getinge AB (publ) Exceeded Expectations And The Consensus Has Updated Its Estimates
Apr 25Is Getinge AB (publ) (STO:GETI B) Trading At A 41% Discount?
Apr 15The Getinge AB (publ) (STO:GETI B) Annual Results Are Out And Analysts Have Published New Forecasts
Mar 30Getinge's (STO:GETI B) Upcoming Dividend Will Be Larger Than Last Year's
Mar 29The Return Trends At Getinge (STO:GETI B) Look Promising
Mar 21Analysts Are Updating Their Getinge AB (publ) (STO:GETI B) Estimates After Its Full-Year Results
Feb 04There's Reason For Concern Over Getinge AB (publ)'s (STO:GETI B) Price
Jan 20Here's Why Getinge (STO:GETI B) Can Manage Its Debt Responsibly
Jan 05Getinge AB (publ)'s (STO:GETI B) Intrinsic Value Is Potentially 42% Above Its Share Price
Dec 20Returns On Capital Are Showing Encouraging Signs At Getinge (STO:GETI B)
Dec 05Getinge (STO:GETI B) Has A Pretty Healthy Balance Sheet
Oct 06Is There An Opportunity With Getinge AB (publ)'s (STO:GETI B) 37% Undervaluation?
Sep 21Getinge's (STO:GETI B) Returns On Capital Are Heading Higher
Sep 03Is Getinge (STO:GETI B) A Risky Investment?
Jun 28Is There An Opportunity With Getinge AB (publ)'s (STO:GETI B) 23% Undervaluation?
Jun 15Investors Will Want Getinge's (STO:GETI B) Growth In ROCE To Persist
Jun 01At kr252, Is Getinge AB (publ) (STO:GETI B) Worth Looking At Closely?
May 05Getinge (STO:GETI B) Has Announced That It Will Be Increasing Its Dividend To SEK4.25
Apr 05Slowing Rates Of Return At Getinge (STO:GETI B) Leave Little Room For Excitement
Feb 28Is Getinge AB (publ) (STO:GETI B) Trading At A 42% Discount?
Feb 16Getinge (STO:GETI B) Is Paying Out A Larger Dividend Than Last Year
Feb 04Is Getinge (STO:GETI B) Using Too Much Debt?
Feb 03When Should You Buy Getinge AB (publ) (STO:GETI B)?
Jan 07Are Investors Undervaluing Getinge AB (publ) (STO:GETI B) By 49%?
Nov 06Getinge (STO:GETI B) Has A Pretty Healthy Balance Sheet
Oct 07We Think Getinge (STO:GETI B) Can Stay On Top Of Its Debt
Jun 25Financial Position Analysis
Short Term Liabilities: GETI B's short term assets (SEK16.3B) exceed its short term liabilities (SEK15.2B).
Long Term Liabilities: GETI B's short term assets (SEK16.3B) exceed its long term liabilities (SEK13.9B).
Debt to Equity History and Analysis
Debt Level: GETI B's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: GETI B's debt to equity ratio has reduced from 50.9% to 30% over the past 5 years.
Debt Coverage: GETI B's debt is well covered by operating cash flow (42.3%).
Interest Coverage: GETI B's interest payments on its debt are well covered by EBIT (6.8x coverage).