RaySearch Laboratories Balance Sheet Health
Financial Health criteria checks 6/6
RaySearch Laboratories has a total shareholder equity of SEK735.2M and total debt of SEK878.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are SEK2.0B and SEK1.2B respectively. RaySearch Laboratories's EBIT is SEK114.9M making its interest coverage ratio 24. It has cash and short-term investments of SEK343.7M.
Key information
0.1%
Debt to equity ratio
kr878.00k
Debt
Interest coverage ratio | 24x |
Cash | kr343.68m |
Equity | kr735.23m |
Total liabilities | kr1.22b |
Total assets | kr1.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RSLB.F's short term assets (SEK823.4M) exceed its short term liabilities (SEK675.0M).
Long Term Liabilities: RSLB.F's short term assets (SEK823.4M) exceed its long term liabilities (SEK542.4M).
Debt to Equity History and Analysis
Debt Level: RSLB.F has more cash than its total debt.
Reducing Debt: RSLB.F's debt to equity ratio has reduced from 18.9% to 0.1% over the past 5 years.
Debt Coverage: RSLB.F's debt is well covered by operating cash flow (51928.4%).
Interest Coverage: RSLB.F's interest payments on its debt are well covered by EBIT (24x coverage).