Slottsviken Fastighetsaktiebolag Balance Sheet Health
Financial Health criteria checks 3/6
Slottsviken Fastighetsaktiebolag has a total shareholder equity of SEK36.3M and total debt of SEK16.0M, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are SEK67.5M and SEK31.2M respectively. Slottsviken Fastighetsaktiebolag's EBIT is SEK1.9M making its interest coverage ratio 1.4. It has cash and short-term investments of SEK3.4M.
Key information
44.0%
Debt to equity ratio
kr15.95m
Debt
| Interest coverage ratio | 1.4x |
| Cash | kr3.38m |
| Equity | kr36.27m |
| Total liabilities | kr31.25m |
| Total assets | kr67.51m |
Recent financial health updates
Slottsviken Fastighetsaktiebolag (NGM:SLOTT B) Takes On Some Risk With Its Use Of Debt
Apr 10
Is Slottsviken Fastighetsaktiebolag (NGM:SLOTT B) Using Debt In A Risky Way?
May 21Does Slottsviken Fastighetsaktiebolag (NGM:SLOTT B) Have A Healthy Balance Sheet?
Dec 28Does Slottsviken Fastighetsaktiebolag (NGM:SLOTT B) Have A Healthy Balance Sheet?
Aug 26Is Slottsviken Fastighetsaktiebolag (NGM:SLOTT B) Using Too Much Debt?
May 07Slottsviken Fastighetsaktiebolag (NGM:SLOTT B) Has Debt But No Earnings; Should You Worry?
Jan 14Recent updates
Slottsviken Fastighetsaktiebolag (NGM:SLOTT B) Takes On Some Risk With Its Use Of Debt
Apr 10Is Slottsviken Fastighetsaktiebolag (NGM:SLOTT B) Using Debt In A Risky Way?
May 21Does Slottsviken Fastighetsaktiebolag (NGM:SLOTT B) Have A Healthy Balance Sheet?
Dec 28Does Slottsviken Fastighetsaktiebolag (NGM:SLOTT B) Have A Healthy Balance Sheet?
Aug 26Is Slottsviken Fastighetsaktiebolag (NGM:SLOTT B) Using Too Much Debt?
May 07Slottsviken Fastighetsaktiebolag (NGM:SLOTT B) Has Debt But No Earnings; Should You Worry?
Jan 14Financial Position Analysis
Short Term Liabilities: SLOTT B's short term assets (SEK7.6M) exceed its short term liabilities (SEK4.8M).
Long Term Liabilities: SLOTT B's short term assets (SEK7.6M) do not cover its long term liabilities (SEK26.5M).
Debt to Equity History and Analysis
Debt Level: SLOTT B's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: SLOTT B's debt to equity ratio has reduced from 81.7% to 44% over the past 5 years.
Debt Coverage: SLOTT B's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SLOTT B's interest payments on its debt are not well covered by EBIT (1.4x coverage).