AB Sagax Balance Sheet Health
Financial Health criteria checks 2/6
AB Sagax has a total shareholder equity of SEK36.6B and total debt of SEK30.4B, which brings its debt-to-equity ratio to 83%. Its total assets and total liabilities are SEK73.4B and SEK36.8B respectively. AB Sagax's EBIT is SEK3.4B making its interest coverage ratio 5.9. It has cash and short-term investments of SEK28.0M.
Key information
83.0%
Debt to equity ratio
kr30.36b
Debt
Interest coverage ratio | 5.9x |
Cash | kr28.00m |
Equity | kr36.58b |
Total liabilities | kr36.83b |
Total assets | kr73.41b |
Recent financial health updates
AB Sagax (STO:SAGA A) Has A Pretty Healthy Balance Sheet
Sep 14Here's Why AB Sagax (STO:SAGA A) Can Manage Its Debt Responsibly
May 28Recent updates
AB Sagax (STO:SAGA A) Has A Pretty Healthy Balance Sheet
Sep 14Here's Why AB Sagax (STO:SAGA A) Can Manage Its Debt Responsibly
May 28AB Sagax (STO:SAGA A) Is Paying Out A Larger Dividend Than Last Year
Apr 05AB Sagax (STO:SAGA A) Has Announced That It Will Be Increasing Its Dividend To SEK2.70
Feb 21Is It Time To Consider Buying AB Sagax (publ) (STO:SAGA A)?
Dec 20Is There Now An Opportunity In AB Sagax (publ) (STO:SAGA A)?
Aug 07CEO & Director David Mindus Just Bought 1.9% More Shares In AB Sagax (publ) (STO:SAGA A)
Feb 25Here's Why We Don't Think AB Sagax's (STO:SAGA A) Statutory Earnings Reflect Its Underlying Earnings Potential
Feb 15Financial Position Analysis
Short Term Liabilities: SAGA A's short term assets (SEK947.0M) do not cover its short term liabilities (SEK6.6B).
Long Term Liabilities: SAGA A's short term assets (SEK947.0M) do not cover its long term liabilities (SEK30.2B).
Debt to Equity History and Analysis
Debt Level: SAGA A's net debt to equity ratio (82.9%) is considered high.
Reducing Debt: SAGA A's debt to equity ratio has reduced from 102.5% to 83% over the past 5 years.
Debt Coverage: SAGA A's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: SAGA A's interest payments on its debt are well covered by EBIT (5.9x coverage).