H. Lundbeck Balance Sheet Health
Financial Health criteria checks 5/6
H. Lundbeck has a total shareholder equity of DKK18.4B and total debt of DKK5.9B, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are DKK35.1B and DKK16.6B respectively. H. Lundbeck's EBIT is DKK2.2B making its interest coverage ratio 17.2. It has cash and short-term investments of DKK1.6B.
Key information
32.2%
Debt to equity ratio
kr.5.95b
Debt
Interest coverage ratio | 17.2x |
Cash | kr.1.61b |
Equity | kr.18.45b |
Total liabilities | kr.16.63b |
Total assets | kr.35.07b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LUN's short term assets (DKK9.0B) exceed its short term liabilities (DKK7.8B).
Long Term Liabilities: LUN's short term assets (DKK9.0B) exceed its long term liabilities (DKK8.8B).
Debt to Equity History and Analysis
Debt Level: LUN's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: LUN's debt to equity ratio has increased from 18% to 32.2% over the past 5 years.
Debt Coverage: LUN's debt is well covered by operating cash flow (33%).
Interest Coverage: LUN's interest payments on its debt are well covered by EBIT (17.2x coverage).