Skolon Balance Sheet Health
Financial Health criteria checks 6/6
Skolon has a total shareholder equity of SEK29.1M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK70.9M and SEK41.9M respectively. Skolon's EBIT is SEK6.7M making its interest coverage ratio -10.7. It has cash and short-term investments of SEK38.3M.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | -10.7x |
| Cash | kr38.31m |
| Equity | kr29.08m |
| Total liabilities | kr41.85m |
| Total assets | kr70.94m |
Financial Position Analysis
Short Term Liabilities: SKOLON's short term assets (SEK57.6M) exceed its short term liabilities (SEK41.9M).
Long Term Liabilities: SKOLON has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SKOLON is debt free.
Reducing Debt: SKOLON has not had any debt for past 5 years.
Debt Coverage: SKOLON has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SKOLON has no debt, therefore coverage of interest payments is not a concern.