Heimstaden Balance Sheet Health
Financial Health criteria checks 1/6
Heimstaden has a total shareholder equity of SEK142.2B and total debt of SEK200.4B, which brings its debt-to-equity ratio to 140.9%. Its total assets and total liabilities are SEK370.2B and SEK228.0B respectively. Heimstaden's EBIT is SEK9.2B making its interest coverage ratio 1.6. It has cash and short-term investments of SEK3.8B.
Key information
140.9%
Debt to equity ratio
kr200.39b
Debt
| Interest coverage ratio | 1.6x |
| Cash | kr3.77b |
| Equity | kr142.21b |
| Total liabilities | kr228.02b |
| Total assets | kr370.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEIM PREF's short term assets (SEK9.4B) do not cover its short term liabilities (SEK20.6B).
Long Term Liabilities: HEIM PREF's short term assets (SEK9.4B) do not cover its long term liabilities (SEK207.4B).
Debt to Equity History and Analysis
Debt Level: HEIM PREF's net debt to equity ratio (138.3%) is considered high.
Reducing Debt: HEIM PREF's debt to equity ratio has reduced from 143.2% to 140.9% over the past 5 years.
Debt Coverage: HEIM PREF's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: HEIM PREF's interest payments on its debt are not well covered by EBIT (1.6x coverage).