Nivika Fastigheter Balance Sheet Health
Financial Health criteria checks 2/6
Nivika Fastigheter has a total shareholder equity of SEK5.5B and total debt of SEK5.2B, which brings its debt-to-equity ratio to 94.9%. Its total assets and total liabilities are SEK11.4B and SEK5.9B respectively. Nivika Fastigheter's EBIT is SEK406.3M making its interest coverage ratio 1.4. It has cash and short-term investments of SEK263.0M.
Key information
94.9%
Debt to equity ratio
kr5.20b
Debt
Interest coverage ratio | 1.4x |
Cash | kr263.03m |
Equity | kr5.48b |
Total liabilities | kr5.92b |
Total assets | kr11.40b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NIVI B's short term assets (SEK325.6M) exceed its short term liabilities (SEK264.6M).
Long Term Liabilities: NIVI B's short term assets (SEK325.6M) do not cover its long term liabilities (SEK5.7B).
Debt to Equity History and Analysis
Debt Level: NIVI B's net debt to equity ratio (90.1%) is considered high.
Reducing Debt: NIVI B's debt to equity ratio has reduced from 168.4% to 94.9% over the past 5 years.
Debt Coverage: NIVI B's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: NIVI B's interest payments on its debt are not well covered by EBIT (1.4x coverage).