Hanza Balance Sheet Health
Financial Health criteria checks 6/6
Hanza has a total shareholder equity of SEK1.3B and total debt of SEK522.0M, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are SEK2.9B and SEK1.6B respectively. Hanza's EBIT is SEK327.0M making its interest coverage ratio 5. It has cash and short-term investments of SEK340.0M.
Key information
38.8%
Debt to equity ratio
kr522.00m
Debt
Interest coverage ratio | 5x |
Cash | kr340.00m |
Equity | kr1.35b |
Total liabilities | kr1.58b |
Total assets | kr2.93b |
Recent financial health updates
Hanza Holding (STO:HANZA) Seems To Use Debt Quite Sensibly
Apr 29Is Hanza Holding (STO:HANZA) Using Too Much Debt?
Jan 19Recent updates
Here's Why We Think Hanza (STO:HANZA) Might Deserve Your Attention Today
May 04Estimating The Intrinsic Value Of Hanza AB (publ) (STO:HANZA)
Apr 17Hanza (STO:HANZA) Is Increasing Its Dividend To SEK0.75
Apr 06Hanza's (STO:HANZA) Dividend Will Be Increased To SEK0.75
Mar 18Hanza's (STO:HANZA) Dividend Will Be Increased To SEK0.75
Feb 17Should You Think About Buying Hanza AB (publ) (STO:HANZA) Now?
Feb 15What Is Hanza AB (publ)'s (STO:HANZA) Share Price Doing?
Oct 05Hanza (STO:HANZA) Shareholders Will Want The ROCE Trajectory To Continue
Sep 02When Should You Buy Hanza AB (publ) (STO:HANZA)?
Jun 15Hanza Holding (STO:HANZA) Seems To Use Debt Quite Sensibly
Apr 29Hanza Holding (STO:HANZA) Is Experiencing Growth In Returns On Capital
Apr 07Estimating The Fair Value Of Hanza Holding AB (publ) (STO:HANZA)
Mar 06Is Now The Time To Look At Buying Hanza Holding AB (publ) (STO:HANZA)?
Feb 03Is Hanza Holding (STO:HANZA) Using Too Much Debt?
Jan 19Hanza Holding (STO:HANZA) Might Have The Makings Of A Multi-Bagger
Dec 19Financial Position Analysis
Short Term Liabilities: HANZA's short term assets (SEK1.5B) exceed its short term liabilities (SEK985.0M).
Long Term Liabilities: HANZA's short term assets (SEK1.5B) exceed its long term liabilities (SEK599.0M).
Debt to Equity History and Analysis
Debt Level: HANZA's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: HANZA's debt to equity ratio has reduced from 73.5% to 38.8% over the past 5 years.
Debt Coverage: HANZA's debt is well covered by operating cash flow (53.1%).
Interest Coverage: HANZA's interest payments on its debt are well covered by EBIT (5x coverage).