Getinge Balance Sheet Health
Financial Health criteria checks 6/6
Getinge has a total shareholder equity of SEK30.5B and total debt of SEK9.1B, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are SEK59.6B and SEK29.1B respectively. Getinge's EBIT is SEK3.4B making its interest coverage ratio 6.8. It has cash and short-term investments of SEK2.2B.
Key information
30.0%
Debt to equity ratio
SEK 9.13b
Debt
| Interest coverage ratio | 6.8x |
| Cash | SEK 2.24b |
| Equity | SEK 30.47b |
| Total liabilities | SEK 29.15b |
| Total assets | SEK 59.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GNGB.F's short term assets (SEK16.3B) exceed its short term liabilities (SEK15.2B).
Long Term Liabilities: GNGB.F's short term assets (SEK16.3B) exceed its long term liabilities (SEK13.9B).
Debt to Equity History and Analysis
Debt Level: GNGB.F's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: GNGB.F's debt to equity ratio has reduced from 50.9% to 30% over the past 5 years.
Debt Coverage: GNGB.F's debt is well covered by operating cash flow (42.3%).
Interest Coverage: GNGB.F's interest payments on its debt are well covered by EBIT (6.8x coverage).