Essity Balance Sheet Health
Financial Health criteria checks 6/6
Essity has a total shareholder equity of SEK83.8B and total debt of SEK47.6B, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are SEK180.4B and SEK96.6B respectively. Essity's EBIT is SEK19.0B making its interest coverage ratio 10.2. It has cash and short-term investments of SEK17.0B.
Key information
56.7%
Debt to equity ratio
SEK 47.56b
Debt
| Interest coverage ratio | 10.2x |
| Cash | SEK 16.99b |
| Equity | SEK 83.84b |
| Total liabilities | SEK 96.56b |
| Total assets | SEK 180.39b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ESSITY A's short term assets (SEK63.4B) exceed its short term liabilities (SEK46.7B).
Long Term Liabilities: ESSITY A's short term assets (SEK63.4B) exceed its long term liabilities (SEK49.9B).
Debt to Equity History and Analysis
Debt Level: ESSITY A's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: ESSITY A's debt to equity ratio has reduced from 88.9% to 56.7% over the past 5 years.
Debt Coverage: ESSITY A's debt is well covered by operating cash flow (44.7%).
Interest Coverage: ESSITY A's interest payments on its debt are well covered by EBIT (10.2x coverage).