Magle Chemoswed Holding Financial Health
How is Magle Chemoswed Holding's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MAGLE's short term assets (SEK62.1M) exceed its short term liabilities (SEK52.9M).
Long Term Liabilities: MAGLE's short term assets (SEK62.1M) exceed its long term liabilities (SEK45.5M).
Debt to Equity History and Analysis
Debt Level: MAGLE's net debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MAGLE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MAGLE's debt is well covered by operating cash flow (85.8%).
Interest Coverage: MAGLE's interest payments on its debt are well covered by EBIT (5.1x coverage).