Acrinova Balance Sheet Health
Financial Health criteria checks 0/6
Acrinova has a total shareholder equity of SEK949.0M and total debt of SEK969.4M, which brings its debt-to-equity ratio to 102.2%. Its total assets and total liabilities are SEK2.1B and SEK1.1B respectively. Acrinova's EBIT is SEK80.6M making its interest coverage ratio 1.2. It has cash and short-term investments of SEK68.8M.
Key information
102.2%
Debt to equity ratio
kr969.40m
Debt
| Interest coverage ratio | 1.2x |
| Cash | kr68.84m |
| Equity | kr948.96m |
| Total liabilities | kr1.10b |
| Total assets | kr2.05b |
Recent financial health updates
Is Acrinova (STO:ACRI A) Using Too Much Debt?
Feb 02
Does Acrinova (STO:ACRI A) Have A Healthy Balance Sheet?
May 15These 4 Measures Indicate That Acrinova (STO:ACRI A) Is Using Debt Extensively
Feb 14Acrinova (STO:ACRI A) Has A Somewhat Strained Balance Sheet
May 01Is Acrinova (STO:ACRI) Using Too Much Debt?
Jan 07
Recent updates
Is Acrinova (STO:ACRI A) Using Too Much Debt?
Feb 02Does Acrinova (STO:ACRI A) Have A Healthy Balance Sheet?
May 15These 4 Measures Indicate That Acrinova (STO:ACRI A) Is Using Debt Extensively
Feb 14Acrinova (STO:ACRI A) Has A Somewhat Strained Balance Sheet
May 01Should Acrinova AB (publ) (STO:ACRI A) Be Part Of Your Dividend Portfolio?
Mar 27Acrinova AB (publ)'s (STO:ACRI) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Feb 28We Wouldn't Rely On Acrinova's (STO:ACRI) Statutory Earnings As A Guide
Feb 02Is Acrinova (STO:ACRI) Using Too Much Debt?
Jan 07How Does Acrinova AB (publ) (STO:ACRI) Fare As A Dividend Stock?
Dec 17Is Acrinova AB (publ)'s (STO:ACRI) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Nov 24Financial Position Analysis
Short Term Liabilities: ACRI A's short term assets (SEK87.8M) do not cover its short term liabilities (SEK309.1M).
Long Term Liabilities: ACRI A's short term assets (SEK87.8M) do not cover its long term liabilities (SEK792.7M).
Debt to Equity History and Analysis
Debt Level: ACRI A's net debt to equity ratio (94.9%) is considered high.
Reducing Debt: ACRI A's debt to equity ratio has increased from 86.1% to 102.2% over the past 5 years.
Debt Coverage: ACRI A's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: ACRI A's interest payments on its debt are not well covered by EBIT (1.2x coverage).