Logistea Balance Sheet Health
Financial Health criteria checks 0/6
Logistea has a total shareholder equity of SEK3.2B and total debt of SEK3.0B, which brings its debt-to-equity ratio to 94.3%. Its total assets and total liabilities are SEK6.6B and SEK3.4B respectively. Logistea's EBIT is SEK266.0M making its interest coverage ratio 1.7. It has cash and short-term investments of SEK219.0M.
Key information
94.3%
Debt to equity ratio
SEK 2.99b
Debt
| Interest coverage ratio | 1.7x |
| Cash | SEK 219.00m |
| Equity | SEK 3.17b |
| Total liabilities | SEK 3.43b |
| Total assets | SEK 6.60b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: LOGI A's short term assets (SEK315.0M) do not cover its short term liabilities (SEK1.6B).
Long Term Liabilities: LOGI A's short term assets (SEK315.0M) do not cover its long term liabilities (SEK1.9B).
Debt to Equity History and Analysis
Debt Level: LOGI A's net debt to equity ratio (87.3%) is considered high.
Reducing Debt: LOGI A's debt to equity ratio has increased from 7% to 94.3% over the past 5 years.
Debt Coverage: LOGI A's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: LOGI A's interest payments on its debt are not well covered by EBIT (1.7x coverage).