Paxman Balance Sheet Health
Financial Health criteria checks 5/6
Paxman has a total shareholder equity of SEK122.6M and total debt of SEK13.6M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are SEK167.1M and SEK44.5M respectively. Paxman's EBIT is SEK12.6M making its interest coverage ratio 2.7. It has cash and short-term investments of SEK25.0M.
Key information
11.1%
Debt to equity ratio
kr13.57m
Debt
Interest coverage ratio | 2.7x |
Cash | kr24.98m |
Equity | kr122.62m |
Total liabilities | kr44.51m |
Total assets | kr167.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PXMB.F's short term assets (SEK82.8M) exceed its short term liabilities (SEK38.0M).
Long Term Liabilities: PXMB.F's short term assets (SEK82.8M) exceed its long term liabilities (SEK6.5M).
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 50.3% to 11.1% over the past 5 years.
Debt Coverage: PXMB.F's debt is well covered by operating cash flow (115.2%).
Interest Coverage: PXMB.F's interest payments on its debt are not well covered by EBIT (2.7x coverage).