Lifco Balance Sheet Health
Financial Health criteria checks 4/6
Lifco has a total shareholder equity of SEK16.4B and total debt of SEK9.7B, which brings its debt-to-equity ratio to 59%. Its total assets and total liabilities are SEK37.5B and SEK21.0B respectively. Lifco's EBIT is SEK4.8B making its interest coverage ratio 10.5. It has cash and short-term investments of SEK1.7B.
Key information
59.0%
Debt to equity ratio
SEK 9.69b
Debt
| Interest coverage ratio | 10.5x |
| Cash | SEK 1.71b |
| Equity | SEK 16.43b |
| Total liabilities | SEK 21.03b |
| Total assets | SEK 37.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LFAB.F's short term assets (SEK10.6B) do not cover its short term liabilities (SEK13.0B).
Long Term Liabilities: LFAB.F's short term assets (SEK10.6B) exceed its long term liabilities (SEK8.0B).
Debt to Equity History and Analysis
Debt Level: LFAB.F's net debt to equity ratio (48.6%) is considered high.
Reducing Debt: LFAB.F's debt to equity ratio has reduced from 70.1% to 59% over the past 5 years.
Debt Coverage: LFAB.F's debt is well covered by operating cash flow (48%).
Interest Coverage: LFAB.F's interest payments on its debt are well covered by EBIT (10.5x coverage).