Atlas Copco Balance Sheet Health
Financial Health criteria checks 6/6
Atlas Copco has a total shareholder equity of SEK104.5B and total debt of SEK28.3B, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are SEK199.0B and SEK94.4B respectively. Atlas Copco's EBIT is SEK38.8B making its interest coverage ratio 83.6. It has cash and short-term investments of SEK16.0B.
Key information
27.1%
Debt to equity ratio
SEK 28.35b
Debt
Interest coverage ratio | 83.6x |
Cash | SEK 16.01b |
Equity | SEK 104.54b |
Total liabilities | SEK 94.43b |
Total assets | SEK 198.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATLF.F's short term assets (SEK94.9B) exceed its short term liabilities (SEK55.6B).
Long Term Liabilities: ATLF.F's short term assets (SEK94.9B) exceed its long term liabilities (SEK38.8B).
Debt to Equity History and Analysis
Debt Level: ATLF.F's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: ATLF.F's debt to equity ratio has reduced from 39.7% to 27.1% over the past 5 years.
Debt Coverage: ATLF.F's debt is well covered by operating cash flow (104.4%).
Interest Coverage: ATLF.F's interest payments on its debt are well covered by EBIT (83.6x coverage).