Investment AB Latour Balance Sheet Health
Financial Health criteria checks 5/6
Investment AB Latour has a total shareholder equity of SEK42.4B and total debt of SEK12.0B, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are SEK62.6B and SEK20.2B respectively. Investment AB Latour's EBIT is SEK3.6B making its interest coverage ratio 14.1. It has cash and short-term investments of SEK2.3B.
Key information
28.4%
Debt to equity ratio
SEK 12.04b
Debt
| Interest coverage ratio | 14.1x |
| Cash | SEK 2.28b |
| Equity | SEK 42.45b |
| Total liabilities | SEK 20.18b |
| Total assets | SEK 62.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IVTB.F's short term assets (SEK12.8B) exceed its short term liabilities (SEK11.0B).
Long Term Liabilities: IVTB.F's short term assets (SEK12.8B) exceed its long term liabilities (SEK9.2B).
Debt to Equity History and Analysis
Debt Level: IVTB.F's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: IVTB.F's debt to equity ratio has increased from 20.6% to 28.4% over the past 5 years.
Debt Coverage: IVTB.F's debt is well covered by operating cash flow (37.7%).
Interest Coverage: IVTB.F's interest payments on its debt are well covered by EBIT (14.1x coverage).