Tingsvalvet Fastighets Balance Sheet Health
Financial Health criteria checks 0/6
Tingsvalvet Fastighets has a total shareholder equity of SEK893.1M and total debt of SEK1.0B, which brings its debt-to-equity ratio to 115.9%. Its total assets and total liabilities are SEK2.0B and SEK1.1B respectively. Tingsvalvet Fastighets's EBIT is SEK94.7M making its interest coverage ratio 1.9. It has cash and short-term investments of SEK31.2M.
Key information
115.9%
Debt to equity ratio
SEK 1.03b
Debt
| Interest coverage ratio | 1.9x |
| Cash | SEK 31.24m |
| Equity | SEK 893.05m |
| Total liabilities | SEK 1.11b |
| Total assets | SEK 2.00b |
Financial Position Analysis
Short Term Liabilities: TINGS A's short term assets (SEK56.6M) do not cover its short term liabilities (SEK156.2M).
Long Term Liabilities: TINGS A's short term assets (SEK56.6M) do not cover its long term liabilities (SEK952.6M).
Debt to Equity History and Analysis
Debt Level: TINGS A's net debt to equity ratio (112.4%) is considered high.
Reducing Debt: Insufficient data to determine if TINGS A's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TINGS A's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: TINGS A's interest payments on its debt are not well covered by EBIT (1.9x coverage).