Telefonaktiebolaget LM Ericsson (publ)

NasdaqGS:ERIC Stock Report

Market Cap: US$26.9b

Telefonaktiebolaget LM Ericsson Balance Sheet Health

Financial Health criteria checks 6/6

Telefonaktiebolaget LM Ericsson has a total shareholder equity of SEK85.4B and total debt of SEK36.7B, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are SEK272.5B and SEK187.1B respectively. Telefonaktiebolaget LM Ericsson's EBIT is SEK21.0B making its interest coverage ratio 165.6. It has cash and short-term investments of SEK47.4B.

Key information

42.9%

Debt to equity ratio

SEK 36.66b

Debt

Interest coverage ratio165.6x
CashSEK 47.39b
EquitySEK 85.36b
Total liabilitiesSEK 187.10b
Total assetsSEK 272.45b

Recent financial health updates

No updates

Recent updates

Q3 2024 Earnings: Hold Ericsson

Oct 15

One Better-Than-Expected Quarter Doesn't Solve Ericsson's Problems

Aug 18

Ericsson Off The Bottom, But Hardly Thriving

Jun 25

Ericsson: An Earnings Review Following Q1 2024

Apr 16

Ericsson: A Risky Low-Valuation Play To Avoid

Mar 25

Financial Position Analysis

Short Term Liabilities: ERIC's short term assets (SEK141.9B) exceed its short term liabilities (SEK118.9B).

Long Term Liabilities: ERIC's short term assets (SEK141.9B) exceed its long term liabilities (SEK68.2B).


Debt to Equity History and Analysis

Debt Level: ERIC has more cash than its total debt.

Reducing Debt: ERIC's debt to equity ratio has reduced from 50% to 42.9% over the past 5 years.

Debt Coverage: ERIC's debt is well covered by operating cash flow (117.9%).

Interest Coverage: ERIC's interest payments on its debt are well covered by EBIT (165.6x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 03:32
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

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Analyst Sources

Telefonaktiebolaget LM Ericsson (publ) is covered by 73 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lionel PellicerAlphaValue
Richard KramerArete Research Services LLP
John EadeArgus Research Company