Tingsvalvet Fastighets Balance Sheet Health
Financial Health criteria checks 0/6
Tingsvalvet Fastighets has a total shareholder equity of SEK873.7M and total debt of SEK1.0B, which brings its debt-to-equity ratio to 117%. Its total assets and total liabilities are SEK2.0B and SEK1.1B respectively. Tingsvalvet Fastighets's EBIT is SEK97.0M making its interest coverage ratio 1.8. It has cash and short-term investments of SEK14.0M.
Key information
117.0%
Debt to equity ratio
SEK 1.02b
Debt
| Interest coverage ratio | 1.8x |
| Cash | SEK 13.97m |
| Equity | SEK 873.67m |
| Total liabilities | SEK 1.11b |
| Total assets | SEK 1.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TINGS PREF's short term assets (SEK39.3M) do not cover its short term liabilities (SEK261.6M).
Long Term Liabilities: TINGS PREF's short term assets (SEK39.3M) do not cover its long term liabilities (SEK851.9M).
Debt to Equity History and Analysis
Debt Level: TINGS PREF's net debt to equity ratio (115.4%) is considered high.
Reducing Debt: Insufficient data to determine if TINGS PREF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TINGS PREF's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: TINGS PREF's interest payments on its debt are not well covered by EBIT (1.8x coverage).