Sinch Balance Sheet Health
Financial Health criteria checks 3/6
Sinch has a total shareholder equity of SEK33.7B and total debt of SEK8.1B, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are SEK53.1B and SEK19.5B respectively. Sinch's EBIT is SEK858.0M making its interest coverage ratio 1.5. It has cash and short-term investments of SEK1.0B.
Key information
24.1%
Debt to equity ratio
kr8.10b
Debt
Interest coverage ratio | 1.5x |
Cash | kr1.01b |
Equity | kr33.66b |
Total liabilities | kr19.47b |
Total assets | kr53.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SINCH's short term assets (SEK6.9B) do not cover its short term liabilities (SEK8.0B).
Long Term Liabilities: SINCH's short term assets (SEK6.9B) do not cover its long term liabilities (SEK11.5B).
Debt to Equity History and Analysis
Debt Level: SINCH's net debt to equity ratio (21.1%) is considered satisfactory.
Reducing Debt: SINCH's debt to equity ratio has reduced from 35.2% to 24.1% over the past 5 years.
Debt Coverage: SINCH's debt is well covered by operating cash flow (22.1%).
Interest Coverage: SINCH's interest payments on its debt are not well covered by EBIT (1.5x coverage).