Paxman Balance Sheet Health
Financial Health criteria checks 6/6
Paxman has a total shareholder equity of SEK136.1M and total debt of SEK17.2M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are SEK183.9M and SEK47.8M respectively. Paxman's EBIT is SEK21.7M making its interest coverage ratio 4. It has cash and short-term investments of SEK29.5M.
Key information
12.6%
Debt to equity ratio
SEK 17.19m
Debt
| Interest coverage ratio | 4x |
| Cash | SEK 29.48m |
| Equity | SEK 136.05m |
| Total liabilities | SEK 47.80m |
| Total assets | SEK 183.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PXMB.F's short term assets (SEK94.1M) exceed its short term liabilities (SEK41.9M).
Long Term Liabilities: PXMB.F's short term assets (SEK94.1M) exceed its long term liabilities (SEK5.9M).
Debt to Equity History and Analysis
Debt Level: PXMB.F has more cash than its total debt.
Reducing Debt: PXMB.F's debt to equity ratio has reduced from 76.1% to 12.6% over the past 5 years.
Debt Coverage: PXMB.F's debt is well covered by operating cash flow (160.1%).
Interest Coverage: PXMB.F's interest payments on its debt are well covered by EBIT (4x coverage).