Arjo Balance Sheet Health
Financial Health criteria checks 4/6
Arjo has a total shareholder equity of SEK8.1B and total debt of SEK4.3B, which brings its debt-to-equity ratio to 53%. Its total assets and total liabilities are SEK16.0B and SEK7.9B respectively. Arjo's EBIT is SEK1.0B making its interest coverage ratio 4.1. It has cash and short-term investments of SEK802.0M.
Key information
53.0%
Debt to equity ratio
kr4.29b
Debt
Interest coverage ratio | 4.1x |
Cash | kr802.00m |
Equity | kr8.10b |
Total liabilities | kr7.89b |
Total assets | kr15.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARRJ.F's short term assets (SEK4.6B) do not cover its short term liabilities (SEK4.7B).
Long Term Liabilities: ARRJ.F's short term assets (SEK4.6B) exceed its long term liabilities (SEK3.2B).
Debt to Equity History and Analysis
Debt Level: ARRJ.F's net debt to equity ratio (43.1%) is considered high.
Reducing Debt: ARRJ.F's debt to equity ratio has reduced from 89.9% to 53% over the past 5 years.
Debt Coverage: ARRJ.F's debt is well covered by operating cash flow (48.2%).
Interest Coverage: ARRJ.F's interest payments on its debt are well covered by EBIT (4.1x coverage).