Genmab Balance Sheet Health
Financial Health criteria checks 6/6
Genmab has a total shareholder equity of DKK31.6B and total debt of DKK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are DKK35.3B and DKK3.7B respectively. Genmab's EBIT is DKK5.3B making its interest coverage ratio -5.8. It has cash and short-term investments of DKK28.1B.
Key information
0%
Debt to equity ratio
kr.0
Debt
Interest coverage ratio | -5.8x |
Cash | kr.28.14b |
Equity | kr.31.61b |
Total liabilities | kr.3.68b |
Total assets | kr.35.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMAB's short term assets (DKK33.1B) exceed its short term liabilities (DKK2.5B).
Long Term Liabilities: GMAB's short term assets (DKK33.1B) exceed its long term liabilities (DKK1.2B).
Debt to Equity History and Analysis
Debt Level: GMAB is debt free.
Reducing Debt: GMAB had no debt 5 years ago.
Debt Coverage: GMAB has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GMAB has no debt, therefore coverage of interest payments is not a concern.