Tingsvalvet Fastighets Balance Sheet Health
Financial Health criteria checks 0/6
Tingsvalvet Fastighets has a total shareholder equity of SEK796.8M and total debt of SEK1.0B, which brings its debt-to-equity ratio to 130.8%. Its total assets and total liabilities are SEK1.9B and SEK1.1B respectively. Tingsvalvet Fastighets's EBIT is SEK91.5M making its interest coverage ratio 2. It has cash and short-term investments of SEK26.9M.
Key information
130.8%
Debt to equity ratio
SEK 1.04b
Debt
| Interest coverage ratio | 2x |
| Cash | SEK 26.90m |
| Equity | SEK 796.82m |
| Total liabilities | SEK 1.14b |
| Total assets | SEK 1.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TINGS PREF's short term assets (SEK49.6M) do not cover its short term liabilities (SEK638.2M).
Long Term Liabilities: TINGS PREF's short term assets (SEK49.6M) do not cover its long term liabilities (SEK497.2M).
Debt to Equity History and Analysis
Debt Level: TINGS PREF's net debt to equity ratio (127.4%) 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 (6.4%).
Interest Coverage: TINGS PREF's interest payments on its debt are not well covered by EBIT (2x coverage).