Telefonaktiebolaget LM Ericsson Balance Sheet Health
Financial Health criteria checks 5/6
Telefonaktiebolaget LM Ericsson has a total shareholder equity of SEK82.5B and total debt of SEK40.6B, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are SEK278.5B and SEK196.0B respectively. Telefonaktiebolaget LM Ericsson's EBIT is SEK17.5B making its interest coverage ratio 19.4. It has cash and short-term investments of SEK42.6B.
Key information
49.2%
Debt to equity ratio
SEK 40.59b
Debt
Interest coverage ratio | 19.4x |
Cash | SEK 42.57b |
Equity | SEK 82.47b |
Total liabilities | SEK 196.02b |
Total assets | SEK 278.49b |
Recent financial health updates
No updates
Recent updates
Telefonaktiebolaget LM Ericsson (STO:ERIC B) Has Announced A Dividend Of SEK1.35
Jul 31Telefonaktiebolaget LM Ericsson (STO:ERIC B) Has Affirmed Its Dividend Of SEK1.35
Jul 12Telefonaktiebolaget LM Ericsson (STO:ERIC B) Has Announced A Dividend Of SEK1.35
Jun 26Telefonaktiebolaget LM Ericsson (STO:ERIC B) Has Announced A Dividend Of SEK1.35
Mar 24Telefonaktiebolaget LM Ericsson's (STO:ERIC B) Dividend Will Be SEK1.35
Mar 10Take Care Before Diving Into The Deep End On Telefonaktiebolaget LM Ericsson (publ) (STO:ERIC B)
Feb 23Financial Position Analysis
Short Term Liabilities: ERIC B's short term assets (SEK145.6B) exceed its short term liabilities (SEK127.5B).
Long Term Liabilities: ERIC B's short term assets (SEK145.6B) exceed its long term liabilities (SEK68.6B).
Debt to Equity History and Analysis
Debt Level: ERIC B has more cash than its total debt.
Reducing Debt: ERIC B's debt to equity ratio has increased from 41.6% to 49.2% over the past 5 years.
Debt Coverage: ERIC B's debt is well covered by operating cash flow (74.5%).
Interest Coverage: ERIC B's interest payments on its debt are well covered by EBIT (19.4x coverage).