Cloetta Balance Sheet Health
Financial Health criteria checks 5/6
Cloetta has a total shareholder equity of SEK5.4B and total debt of SEK2.5B, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are SEK11.2B and SEK5.7B respectively. Cloetta's EBIT is SEK805.0M making its interest coverage ratio 4. It has cash and short-term investments of SEK735.0M.
Key information
46.8%
Debt to equity ratio
kr2.54b
Debt
Interest coverage ratio | 4x |
Cash | kr735.00m |
Equity | kr5.41b |
Total liabilities | kr5.75b |
Total assets | kr11.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLOE.F's short term assets (SEK3.4B) exceed its short term liabilities (SEK2.0B).
Long Term Liabilities: CLOE.F's short term assets (SEK3.4B) do not cover its long term liabilities (SEK3.8B).
Debt to Equity History and Analysis
Debt Level: CLOE.F's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: CLOE.F's debt to equity ratio has reduced from 70% to 46.8% over the past 5 years.
Debt Coverage: CLOE.F's debt is well covered by operating cash flow (35.6%).
Interest Coverage: CLOE.F's interest payments on its debt are well covered by EBIT (4x coverage).