Tingsvalvet Fastighets Balance Sheet Health
Financial Health criteria checks 0/6
Tingsvalvet Fastighets has a total shareholder equity of SEK795.0M and total debt of SEK1.0B, which brings its debt-to-equity ratio to 131.4%. Its total assets and total liabilities are SEK1.9B and SEK1.1B respectively. Tingsvalvet Fastighets's EBIT is SEK88.1M making its interest coverage ratio 2.1. It has cash and short-term investments of SEK17.6M.
Key information
131.4%
Debt to equity ratio
kr1.04b
Debt
| Interest coverage ratio | 2.1x |
| Cash | kr17.65m |
| Equity | kr794.96m |
| Total liabilities | kr1.11b |
| Total assets | kr1.91b |
Financial Position Analysis
Short Term Liabilities: TINGS A's short term assets (SEK43.7M) do not cover its short term liabilities (SEK513.2M).
Long Term Liabilities: TINGS A's short term assets (SEK43.7M) do not cover its long term liabilities (SEK601.7M).
Debt to Equity History and Analysis
Debt Level: TINGS A's net debt to equity ratio (129.2%) is considered high.
Reducing Debt: Insufficient data to determine if TINGS A's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TINGS A's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: TINGS A's interest payments on its debt are not well covered by EBIT (2.1x coverage).