Exalt Balance Sheet Health
Financial Health criteria checks 3/6
Exalt has a total shareholder equity of SEK3.2M and total debt of SEK4.2M, which brings its debt-to-equity ratio to 130.3%. Its total assets and total liabilities are SEK19.2M and SEK16.0M respectively. Exalt's EBIT is SEK1.4M making its interest coverage ratio 4.1. It has cash and short-term investments of SEK2.4M.
Key information
130.3%
Debt to equity ratio
SEK 4.17m
Debt
| Interest coverage ratio | 4.1x |
| Cash | SEK 2.41m |
| Equity | SEK 3.20m |
| Total liabilities | SEK 16.04m |
| Total assets | SEK 19.25m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: EXALT's short term assets (SEK16.0M) exceed its short term liabilities (SEK11.9M).
Long Term Liabilities: EXALT's short term assets (SEK16.0M) exceed its long term liabilities (SEK4.2M).
Debt to Equity History and Analysis
Debt Level: EXALT's net debt to equity ratio (55.1%) is considered high.
Reducing Debt: EXALT's debt to equity ratio has increased from 47% to 130.3% over the past 5 years.
Debt Coverage: EXALT's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: EXALT's interest payments on its debt are well covered by EBIT (4.1x coverage).