Dometic Group Balance Sheet Health
Financial Health criteria checks 4/6
Dometic Group has a total shareholder equity of SEK26.0B and total debt of SEK16.3B, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are SEK54.1B and SEK28.1B respectively. Dometic Group's EBIT is SEK2.8B making its interest coverage ratio 3.5. It has cash and short-term investments of SEK4.3B.
Key information
62.8%
Debt to equity ratio
kr16.34b
Debt
Interest coverage ratio | 3.5x |
Cash | kr4.35b |
Equity | kr25.99b |
Total liabilities | kr28.13b |
Total assets | kr54.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DTCG.F's short term assets (SEK14.9B) exceed its short term liabilities (SEK6.4B).
Long Term Liabilities: DTCG.F's short term assets (SEK14.9B) do not cover its long term liabilities (SEK21.8B).
Debt to Equity History and Analysis
Debt Level: DTCG.F's net debt to equity ratio (46.1%) is considered high.
Reducing Debt: DTCG.F's debt to equity ratio has reduced from 72.4% to 62.8% over the past 5 years.
Debt Coverage: DTCG.F's debt is well covered by operating cash flow (29.7%).
Interest Coverage: DTCG.F's interest payments on its debt are well covered by EBIT (3.5x coverage).