Enad Global 7 has a total shareholder equity of SEK4.1B and total debt of SEK3.3M, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are SEK4.9B and SEK837.8M respectively. Enad Global 7's EBIT is SEK91.3M making its interest coverage ratio 4.1. It has cash and short-term investments of SEK316.6M.
Key information
0.08%
Debt to equity ratio
SEK 3.30m
Debt
Interest coverage ratio
4.1x
Cash
SEK 316.60m
Equity
SEK 4.07b
Total liabilities
SEK 837.80m
Total assets
SEK 4.91b
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENAD.F's short term assets (SEK570.6M) exceed its short term liabilities (SEK401.1M).
Long Term Liabilities: ENAD.F's short term assets (SEK570.6M) exceed its long term liabilities (SEK436.7M).
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 73% to 0.08% over the past 5 years.
Debt Coverage: ENAD.F's debt is well covered by operating cash flow (5336.4%).
Interest Coverage: ENAD.F's interest payments on its debt are well covered by EBIT (4.1x coverage).