Sinch Balance Sheet Health
Financial Health criteria checks 3/6
Sinch has a total shareholder equity of SEK35.4B and total debt of SEK7.7B, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are SEK54.5B and SEK19.1B respectively. Sinch's EBIT is SEK794.0M making its interest coverage ratio 1.1. It has cash and short-term investments of SEK756.0M.
Key information
21.7%
Debt to equity ratio
SEK 7.68b
Debt
| Interest coverage ratio | 1.1x |
| Cash | SEK 756.00m |
| Equity | SEK 35.39b |
| Total liabilities | SEK 19.15b |
| Total assets | SEK 54.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SINCH's short term assets (SEK6.2B) do not cover its short term liabilities (SEK10.3B).
Long Term Liabilities: SINCH's short term assets (SEK6.2B) do not cover its long term liabilities (SEK8.8B).
Debt to Equity History and Analysis
Debt Level: SINCH's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: SINCH's debt to equity ratio has reduced from 36.9% to 21.7% over the past 5 years.
Debt Coverage: SINCH's debt is well covered by operating cash flow (27.7%).
Interest Coverage: SINCH's interest payments on its debt are not well covered by EBIT (1.1x coverage).