Loomis Balance Sheet Health
Financial Health criteria checks 5/6
Loomis has a total shareholder equity of SEK12.7B and total debt of SEK11.0B, which brings its debt-to-equity ratio to 86.4%. Its total assets and total liabilities are SEK36.2B and SEK23.5B respectively. Loomis's EBIT is SEK2.9B making its interest coverage ratio 5.9. It has cash and short-term investments of SEK7.7B.
Key information
86.4%
Debt to equity ratio
kr10.95b
Debt
Interest coverage ratio | 5.9x |
Cash | kr7.71b |
Equity | kr12.68b |
Total liabilities | kr23.50b |
Total assets | kr36.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOIM.F's short term assets (SEK13.1B) exceed its short term liabilities (SEK10.6B).
Long Term Liabilities: LOIM.F's short term assets (SEK13.1B) exceed its long term liabilities (SEK12.9B).
Debt to Equity History and Analysis
Debt Level: LOIM.F's net debt to equity ratio (25.6%) is considered satisfactory.
Reducing Debt: LOIM.F's debt to equity ratio has increased from 82.7% to 86.4% over the past 5 years.
Debt Coverage: LOIM.F's debt is well covered by operating cash flow (46.4%).
Interest Coverage: LOIM.F's interest payments on its debt are well covered by EBIT (5.9x coverage).