Sectra Balance Sheet Health
Financial Health criteria checks 6/6
Sectra has a total shareholder equity of SEK1.4B and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK2.7B and SEK1.3B respectively. Sectra's EBIT is SEK460.6M making its interest coverage ratio -33.9. It has cash and short-term investments of SEK808.2M.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | -33.9x |
| Cash | kr808.21m |
| Equity | kr1.39b |
| Total liabilities | kr1.34b |
| Total assets | kr2.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SECT IL B's short term assets (SEK2.2B) exceed its short term liabilities (SEK1.3B).
Long Term Liabilities: SECT IL B's short term assets (SEK2.2B) exceed its long term liabilities (SEK71.9M).
Debt to Equity History and Analysis
Debt Level: SECT IL B is debt free.
Reducing Debt: SECT IL B has no debt compared to 5 years ago when its debt to equity ratio was 4.7%.
Debt Coverage: SECT IL B has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SECT IL B has no debt, therefore coverage of interest payments is not a concern.