Solid Försäkringsaktiebolag Balance Sheet Health
Financial Health criteria checks 5/6
Solid Försäkringsaktiebolag has a total shareholder equity of SEK491.8M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK1.8B and SEK1.3B respectively. Solid Försäkringsaktiebolag's EBIT is SEK223.3M making its interest coverage ratio 903.9. It has cash and short-term investments of SEK271.3M.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | 903.9x |
| Cash | kr271.33m |
| Equity | kr491.81m |
| Total liabilities | kr1.32b |
| Total assets | kr1.81b |
Recent financial health updates
No updates
Recent updates
Solid Försäkringsaktiebolag's (STO:SFAB) Dividend Will Be Increased To SEK4.50
Apr 16
Solid Försäkringsaktiebolag (STO:SFAB) Will Pay A Larger Dividend Than Last Year At SEK4.50
Mar 22Solid Försäkringsaktiebolag's (STO:SFAB) Dividend Will Be Increased To SEK4.50
Mar 06Solid Försäkringsaktiebolag's (STO:SFAB) Dividend Will Be Increased To SEK4.50
Feb 20Further Upside For Solid Försäkringsaktiebolag (publ) (STO:SFAB) Shares Could Introduce Price Risks After 26% Bounce
Nov 10Financial Position Analysis
Short Term Liabilities: SFAB's short term assets (SEK634.5M) exceed its short term liabilities (SEK26.3M).
Long Term Liabilities: SFAB's short term assets (SEK634.5M) do not cover its long term liabilities (SEK1.3B).
Debt to Equity History and Analysis
Debt Level: SFAB is debt free.
Reducing Debt: SFAB has not had any debt for past 5 years.
Debt Coverage: SFAB has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SFAB has no debt, therefore coverage of interest payments is not a concern.