Electrolux Professional Balance Sheet Health
Financial Health criteria checks 3/6
Electrolux Professional has a total shareholder equity of SEK5.0B and total debt of SEK3.5B, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are SEK14.2B and SEK9.2B respectively. Electrolux Professional's EBIT is SEK1.1B making its interest coverage ratio 8.1. It has cash and short-term investments of SEK731.0M.
Key information
68.9%
Debt to equity ratio
SEK 3.46b
Debt
| Interest coverage ratio | 8.1x |
| Cash | SEK 731.00m |
| Equity | SEK 5.01b |
| Total liabilities | SEK 9.15b |
| Total assets | SEK 14.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECTX.F's short term assets (SEK5.7B) do not cover its short term liabilities (SEK6.1B).
Long Term Liabilities: ECTX.F's short term assets (SEK5.7B) exceed its long term liabilities (SEK3.0B).
Debt to Equity History and Analysis
Debt Level: ECTX.F's net debt to equity ratio (54.3%) is considered high.
Reducing Debt: ECTX.F's debt to equity ratio has increased from 18.9% to 68.9% over the past 5 years.
Debt Coverage: ECTX.F's debt is well covered by operating cash flow (39.5%).
Interest Coverage: ECTX.F's interest payments on its debt are well covered by EBIT (8.1x coverage).