Electrolux Professional Balance Sheet Health
Financial Health criteria checks 4/6
Electrolux Professional has a total shareholder equity of SEK5.1B and total debt of SEK3.2B, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are SEK13.8B and SEK8.6B respectively. Electrolux Professional's EBIT is SEK1.2B making its interest coverage ratio 8.5. It has cash and short-term investments of SEK806.0M.
Key information
61.4%
Debt to equity ratio
SEK 3.15b
Debt
| Interest coverage ratio | 8.5x |
| Cash | SEK 806.00m |
| Equity | SEK 5.13b |
| Total liabilities | SEK 8.62b |
| Total assets | SEK 13.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECTX.F's short term assets (SEK5.4B) exceed its short term liabilities (SEK5.2B).
Long Term Liabilities: ECTX.F's short term assets (SEK5.4B) exceed its long term liabilities (SEK3.4B).
Debt to Equity History and Analysis
Debt Level: ECTX.F's net debt to equity ratio (45.7%) is considered high.
Reducing Debt: ECTX.F's debt to equity ratio has increased from 27.2% to 61.4% over the past 5 years.
Debt Coverage: ECTX.F's debt is well covered by operating cash flow (44.8%).
Interest Coverage: ECTX.F's interest payments on its debt are well covered by EBIT (8.5x coverage).