AB Sagax Balance Sheet Health
Financial Health criteria checks 2/6
AB Sagax has a total shareholder equity of SEK38.0B and total debt of SEK32.0B, which brings its debt-to-equity ratio to 84.2%. Its total assets and total liabilities are SEK76.6B and SEK38.6B respectively. AB Sagax's EBIT is SEK3.5B making its interest coverage ratio 4.9. It has cash and short-term investments of SEK15.0M.
Key information
84.2%
Debt to equity ratio
SEK 32.04b
Debt
| Interest coverage ratio | 4.9x |
| Cash | SEK 15.00m |
| Equity | SEK 38.05b |
| Total liabilities | SEK 38.60b |
| Total assets | SEK 76.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAGX.F's short term assets (SEK1.8B) do not cover its short term liabilities (SEK9.0B).
Long Term Liabilities: SAGX.F's short term assets (SEK1.8B) do not cover its long term liabilities (SEK29.6B).
Debt to Equity History and Analysis
Debt Level: SAGX.F's net debt to equity ratio (84.2%) is considered high.
Reducing Debt: SAGX.F's debt to equity ratio has reduced from 104.8% to 84.2% over the past 5 years.
Debt Coverage: SAGX.F's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: SAGX.F's interest payments on its debt are well covered by EBIT (4.9x coverage).