Fortinova Fastigheter Balance Sheet Health
Financial Health criteria checks 0/6
Fortinova Fastigheter has a total shareholder equity of SEK2.1B and total debt of SEK2.8B, which brings its debt-to-equity ratio to 130%. Its total assets and total liabilities are SEK5.3B and SEK3.1B respectively. Fortinova Fastigheter's EBIT is SEK174.9M making its interest coverage ratio 1.2. It has cash and short-term investments of SEK227.3M.
Key information
130.0%
Debt to equity ratio
kr2.78b
Debt
| Interest coverage ratio | 1.2x |
| Cash | kr227.30m |
| Equity | kr2.14b |
| Total liabilities | kr3.12b |
| Total assets | kr5.26b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: FNOVA B's short term assets (SEK375.2M) do not cover its short term liabilities (SEK745.7M).
Long Term Liabilities: FNOVA B's short term assets (SEK375.2M) do not cover its long term liabilities (SEK2.4B).
Debt to Equity History and Analysis
Debt Level: FNOVA B's net debt to equity ratio (119.4%) is considered high.
Reducing Debt: Insufficient data to determine if FNOVA B's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FNOVA B's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: FNOVA B's interest payments on its debt are not well covered by EBIT (1.2x coverage).