Enad Global 7 Balance Sheet Health
Financial Health criteria checks 6/6
Enad Global 7 has a total shareholder equity of SEK4.1B and total debt of SEK3.2M, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are SEK5.0B and SEK892.2M respectively. Enad Global 7's EBIT is SEK142.4M making its interest coverage ratio 6.7. It has cash and short-term investments of SEK466.8M.
Key information
0.08%
Debt to equity ratio
SEK 3.20m
Debt
Interest coverage ratio | 6.7x |
Cash | SEK 466.80m |
Equity | SEK 4.13b |
Total liabilities | SEK 892.20m |
Total assets | SEK 5.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENAD.F's short term assets (SEK698.2M) exceed its short term liabilities (SEK460.8M).
Long Term Liabilities: ENAD.F's short term assets (SEK698.2M) exceed its long term liabilities (SEK431.4M).
Debt to Equity History and Analysis
Debt Level: ENAD.F has more cash than its total debt.
Reducing Debt: ENAD.F's debt to equity ratio has reduced from 59.7% to 0.08% over the past 5 years.
Debt Coverage: ENAD.F's debt is well covered by operating cash flow (7906.3%).
Interest Coverage: ENAD.F's interest payments on its debt are well covered by EBIT (6.7x coverage).