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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAGA B's short term assets (SEK947.0M) do not cover its short term liabilities (SEK6.6B).
Long Term Liabilities: SAGA B's short term assets (SEK947.0M) do not cover its long term liabilities (SEK30.2B).
Debt to Equity History and Analysis
Debt Level: SAGA B's net debt to equity ratio (82.9%) is considered high.
Reducing Debt: SAGA B's debt to equity ratio has reduced from 102.5% to 83% over the past 5 years.
Debt Coverage: SAGA B's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: SAGA B's interest payments on its debt are well covered by EBIT (5.9x coverage).