Arla Plast Balance Sheet Health
Financial Health criteria checks 6/6
Arla Plast has a total shareholder equity of SEK568.4M and total debt of SEK68.5M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are SEK785.2M and SEK216.8M respectively. Arla Plast's EBIT is SEK88.6M making its interest coverage ratio 34.1. It has cash and short-term investments of SEK176.1M.
Key information
12.1%
Debt to equity ratio
kr68.50m
Debt
| Interest coverage ratio | 34.1x |
| Cash | kr176.10m |
| Equity | kr568.40m |
| Total liabilities | kr216.80m |
| Total assets | kr785.20m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ARPL's short term assets (SEK490.3M) exceed its short term liabilities (SEK150.7M).
Long Term Liabilities: ARPL's short term assets (SEK490.3M) exceed its long term liabilities (SEK66.1M).
Debt to Equity History and Analysis
Debt Level: ARPL has more cash than its total debt.
Reducing Debt: ARPL's debt to equity ratio has reduced from 22.5% to 12.1% over the past 5 years.
Debt Coverage: ARPL's debt is well covered by operating cash flow (241.6%).
Interest Coverage: ARPL's interest payments on its debt are well covered by EBIT (34.1x coverage).