Elekta Balance Sheet Health
Financial Health criteria checks 6/6
Elekta has a total shareholder equity of SEK10.3B and total debt of SEK5.9B, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are SEK30.7B and SEK20.5B respectively. Elekta's EBIT is SEK2.4B making its interest coverage ratio 8.2. It has cash and short-term investments of SEK2.4B.
Key information
57.2%
Debt to equity ratio
kr5.86b
Debt
Interest coverage ratio | 8.2x |
Cash | kr2.35b |
Equity | kr10.25b |
Total liabilities | kr20.48b |
Total assets | kr30.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EKTA.F's short term assets (SEK14.2B) exceed its short term liabilities (SEK13.0B).
Long Term Liabilities: EKTA.F's short term assets (SEK14.2B) exceed its long term liabilities (SEK7.5B).
Debt to Equity History and Analysis
Debt Level: EKTA.F's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: EKTA.F's debt to equity ratio has reduced from 62% to 57.2% over the past 5 years.
Debt Coverage: EKTA.F's debt is well covered by operating cash flow (53.5%).
Interest Coverage: EKTA.F's interest payments on its debt are well covered by EBIT (8.2x coverage).