Addtech AB (publ.) Balance Sheet Health
Financial Health criteria checks 5/6
Addtech AB (publ.) has a total shareholder equity of SEK5.9B and total debt of SEK5.6B, which brings its debt-to-equity ratio to 94.6%. Its total assets and total liabilities are SEK16.3B and SEK10.4B respectively. Addtech AB (publ.)'s EBIT is SEK2.4B making its interest coverage ratio 14. It has cash and short-term investments of SEK867.0M.
Key information
94.6%
Debt to equity ratio
kr5.58b
Debt
Interest coverage ratio | 14x |
Cash | kr867.00m |
Equity | kr5.90b |
Total liabilities | kr10.39b |
Total assets | kr16.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADDH.Y's short term assets (SEK8.0B) exceed its short term liabilities (SEK5.6B).
Long Term Liabilities: ADDH.Y's short term assets (SEK8.0B) exceed its long term liabilities (SEK4.8B).
Debt to Equity History and Analysis
Debt Level: ADDH.Y's net debt to equity ratio (79.9%) is considered high.
Reducing Debt: ADDH.Y's debt to equity ratio has reduced from 102.3% to 94.6% over the past 5 years.
Debt Coverage: ADDH.Y's debt is well covered by operating cash flow (45.5%).
Interest Coverage: ADDH.Y's interest payments on its debt are well covered by EBIT (14x coverage).