Paxman Balance Sheet Health
Financial Health criteria checks 5/6
Paxman has a total shareholder equity of SEK122.6M and total debt of SEK13.6M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are SEK167.1M and SEK44.5M respectively. Paxman's EBIT is SEK12.6M making its interest coverage ratio 2.7. It has cash and short-term investments of SEK25.0M.
Key information
11.1%
Debt to equity ratio
kr13.57m
Debt
| Interest coverage ratio | 2.7x |
| Cash | kr24.98m |
| Equity | kr122.62m |
| Total liabilities | kr44.51m |
| Total assets | kr167.13m |
Recent financial health updates
Does Paxman (STO:PAX) Have A Healthy Balance Sheet?
Dec 23
Does Paxman (STO:PAX) Have A Healthy Balance Sheet?
Nov 20Is Paxman (STO:PAX) A Risky Investment?
Mar 07Paxman (STO:PAX) Is Making Moderate Use Of Debt
Mar 15Recent updates
Does Paxman (STO:PAX) Have A Healthy Balance Sheet?
Dec 23Paxman (STO:PAX) Shareholders Will Want The ROCE Trajectory To Continue
Aug 25Paxman AB (publ) (STO:PAX) Could Be Riskier Than It Looks
Jun 01Does Paxman (STO:PAX) Have A Healthy Balance Sheet?
Nov 20Is Paxman (STO:PAX) A Risky Investment?
Mar 07Paxman (STO:PAX) Is Making Moderate Use Of Debt
Mar 15Are Insiders Buying Paxman AB (publ) (STO:PAX) Stock?
Jan 22Reflecting on Paxman's (STO:PAX) Share Price Returns Over The Last Year
Dec 18
Financial Position Analysis
Short Term Liabilities: PAX's short term assets (SEK82.8M) exceed its short term liabilities (SEK38.0M).
Long Term Liabilities: PAX's short term assets (SEK82.8M) exceed its long term liabilities (SEK6.5M).
Debt to Equity History and Analysis
Debt Level: PAX has more cash than its total debt.
Reducing Debt: PAX's debt to equity ratio has reduced from 50.3% to 11.1% over the past 5 years.
Debt Coverage: PAX's debt is well covered by operating cash flow (115.2%).
Interest Coverage: PAX's interest payments on its debt are not well covered by EBIT (2.7x coverage).