Indutrade Balance Sheet Health
Financial Health criteria checks 5/6
Indutrade has a total shareholder equity of SEK15.5B and total debt of SEK9.2B, which brings its debt-to-equity ratio to 59.2%. Its total assets and total liabilities are SEK33.4B and SEK17.9B respectively. Indutrade's EBIT is SEK3.9B making its interest coverage ratio 8.4. It has cash and short-term investments of SEK2.7B.
Key information
59.2%
Debt to equity ratio
SEK 9.19b
Debt
Interest coverage ratio | 8.4x |
Cash | SEK 2.66b |
Equity | SEK 15.54b |
Total liabilities | SEK 17.89b |
Total assets | SEK 33.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IDDW.F's short term assets (SEK15.0B) exceed its short term liabilities (SEK7.9B).
Long Term Liabilities: IDDW.F's short term assets (SEK15.0B) exceed its long term liabilities (SEK10.0B).
Debt to Equity History and Analysis
Debt Level: IDDW.F's net debt to equity ratio (42.1%) is considered high.
Reducing Debt: IDDW.F's debt to equity ratio has reduced from 78.8% to 59.2% over the past 5 years.
Debt Coverage: IDDW.F's debt is well covered by operating cash flow (47.3%).
Interest Coverage: IDDW.F's interest payments on its debt are well covered by EBIT (8.4x coverage).