Addtech AB (publ.) Balance Sheet Health
Financial Health criteria checks 5/6
Addtech AB (publ.) has a total shareholder equity of SEK6.5B and total debt of SEK6.4B, which brings its debt-to-equity ratio to 99.3%. Its total assets and total liabilities are SEK18.0B and SEK11.5B respectively. Addtech AB (publ.)'s EBIT is SEK2.6B making its interest coverage ratio 11.9. It has cash and short-term investments of SEK1.0B.
Key information
99.3%
Debt to equity ratio
SEK 6.42b
Debt
| Interest coverage ratio | 11.9x |
| Cash | SEK 1.03b |
| Equity | SEK 6.47b |
| Total liabilities | SEK 11.52b |
| Total assets | SEK 17.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADDH.Y's short term assets (SEK8.2B) exceed its short term liabilities (SEK5.1B).
Long Term Liabilities: ADDH.Y's short term assets (SEK8.2B) exceed its long term liabilities (SEK6.4B).
Debt to Equity History and Analysis
Debt Level: ADDH.Y's net debt to equity ratio (83.4%) is considered high.
Reducing Debt: ADDH.Y's debt to equity ratio has reduced from 106.6% to 99.3% over the past 5 years.
Debt Coverage: ADDH.Y's debt is well covered by operating cash flow (40.8%).
Interest Coverage: ADDH.Y's interest payments on its debt are well covered by EBIT (11.9x coverage).