SSAB Balance Sheet Health
Financial Health criteria checks 6/6
SSAB has a total shareholder equity of SEK67.9B and total debt of SEK6.5B, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are SEK104.8B and SEK36.9B respectively. SSAB's EBIT is SEK9.8B making its interest coverage ratio -17. It has cash and short-term investments of SEK23.2B.
Key information
9.5%
Debt to equity ratio
SEK 6.46b
Debt
| Interest coverage ratio | -17x |
| Cash | SEK 23.19b |
| Equity | SEK 67.88b |
| Total liabilities | SEK 36.89b |
| Total assets | SEK 104.77b |
Recent financial health updates
These 4 Measures Indicate That SSAB (STO:SSAB A) Is Using Debt Reasonably Well
Nov 16
Is SSAB (STO:SSAB A) A Risky Investment?
May 28Is SSAB (STO:SSAB A) Using Too Much Debt?
Nov 20Is SSAB (STO:SSAB A) Weighed On By Its Debt Load?
Aug 17Is SSAB (STO:SSAB A) Using Debt Sensibly?
May 15Is SSAB (STO:SSAB A) A Risky Investment?
Jan 19Recent updates
These 4 Measures Indicate That SSAB (STO:SSAB A) Is Using Debt Reasonably Well
Nov 16SSAB AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Oct 26Estimating The Fair Value Of SSAB AB (publ) (STO:SSAB A)
Oct 23Returns At SSAB (STO:SSAB A) Are On The Way Up
Sep 18Estimating The Fair Value Of SSAB AB (publ) (STO:SSAB A)
Jul 03Returns Are Gaining Momentum At SSAB (STO:SSAB A)
Jun 15Is SSAB (STO:SSAB A) A Risky Investment?
May 28SSAB AB (publ) Just Beat EPS By 30%: Here's What Analysts Think Will Happen Next
Apr 27Here's What Analysts Are Forecasting For SSAB AB (publ) (STO:SSAB A) After Its Annual Results
Mar 21Returns On Capital Are A Standout For SSAB (STO:SSAB A)
Mar 04SSAB AB (publ) (STO:SSAB A) Investors Are Less Pessimistic Than Expected
Jan 21Calculating The Intrinsic Value Of SSAB AB (publ) (STO:SSAB A)
Dec 17Is SSAB (STO:SSAB A) Using Too Much Debt?
Nov 20Estimating The Fair Value Of SSAB AB (publ) (STO:SSAB A)
Sep 12Is SSAB (STO:SSAB A) Weighed On By Its Debt Load?
Aug 17Is SSAB AB (publ) (STO:SSAB A) Worth kr77.1 Based On Its Intrinsic Value?
Jun 08Is SSAB (STO:SSAB A) Using Debt Sensibly?
May 15Is SSAB (STO:SSAB A) A Risky Investment?
Jan 19SSAB (STO:SSAB A) Is Investing Its Capital With Increasing Efficiency
Dec 01Financial Position Analysis
Short Term Liabilities: SSAB A's short term assets (SEK69.6B) exceed its short term liabilities (SEK24.6B).
Long Term Liabilities: SSAB A's short term assets (SEK69.6B) exceed its long term liabilities (SEK12.3B).
Debt to Equity History and Analysis
Debt Level: SSAB A has more cash than its total debt.
Reducing Debt: SSAB A's debt to equity ratio has reduced from 24.5% to 9.5% over the past 5 years.
Debt Coverage: SSAB A's debt is well covered by operating cash flow (205.6%).
Interest Coverage: SSAB A earns more interest than it pays, so coverage of interest payments is not a concern.