Essity Balance Sheet Health
Financial Health criteria checks 5/6
Essity has a total shareholder equity of SEK82.2B and total debt of SEK52.2B, which brings its debt-to-equity ratio to 63.6%. Its total assets and total liabilities are SEK186.1B and SEK103.9B respectively. Essity's EBIT is SEK18.3B making its interest coverage ratio 8.4. It has cash and short-term investments of SEK16.4B.
Key information
63.6%
Debt to equity ratio
kr52.24b
Debt
Interest coverage ratio | 8.4x |
Cash | kr16.38b |
Equity | kr82.18b |
Total liabilities | kr103.90b |
Total assets | kr186.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ESSITY A's short term assets (SEK63.7B) exceed its short term liabilities (SEK52.4B).
Long Term Liabilities: ESSITY A's short term assets (SEK63.7B) exceed its long term liabilities (SEK51.5B).
Debt to Equity History and Analysis
Debt Level: ESSITY A's net debt to equity ratio (43.6%) is considered high.
Reducing Debt: ESSITY A's debt to equity ratio has reduced from 92.9% to 63.6% over the past 5 years.
Debt Coverage: ESSITY A's debt is well covered by operating cash flow (43.5%).
Interest Coverage: ESSITY A's interest payments on its debt are well covered by EBIT (8.4x coverage).