Fortinova Fastigheter Balance Sheet Health
Financial Health criteria checks 0/6
Fortinova Fastigheter has a total shareholder equity of SEK2.2B and total debt of SEK2.7B, which brings its debt-to-equity ratio to 123.4%. Its total assets and total liabilities are SEK5.2B and SEK3.0B respectively. Fortinova Fastigheter's EBIT is SEK189.1M making its interest coverage ratio 1.1. It has cash and short-term investments of SEK229.5M.
Key information
123.4%
Debt to equity ratio
SEK 2.73b
Debt
| Interest coverage ratio | 1.1x |
| Cash | SEK 229.50m |
| Equity | SEK 2.21b |
| Total liabilities | SEK 3.01b |
| Total assets | SEK 5.22b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: FNOVA B's short term assets (SEK338.6M) do not cover its short term liabilities (SEK762.3M).
Long Term Liabilities: FNOVA B's short term assets (SEK338.6M) do not cover its long term liabilities (SEK2.2B).
Debt to Equity History and Analysis
Debt Level: FNOVA B's net debt to equity ratio (113.1%) 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 (5.1%).
Interest Coverage: FNOVA B's interest payments on its debt are not well covered by EBIT (1.1x coverage).