H. Lundbeck Balance Sheet Health
Financial Health criteria checks 5/6
H. Lundbeck has a total shareholder equity of DKK22.4B and total debt of DKK3.7B, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are DKK37.9B and DKK15.4B respectively. H. Lundbeck's EBIT is DKK3.3B making its interest coverage ratio -23. It has cash and short-term investments of DKK5.1B.
Key information
16.6%
Debt to equity ratio
kr.3.72b
Debt
Interest coverage ratio | -23x |
Cash | kr.5.11b |
Equity | kr.22.44b |
Total liabilities | kr.15.42b |
Total assets | kr.37.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LUNA's short term assets (DKK13.8B) exceed its short term liabilities (DKK7.9B).
Long Term Liabilities: LUNA's short term assets (DKK13.8B) exceed its long term liabilities (DKK7.5B).
Debt to Equity History and Analysis
Debt Level: LUNA has more cash than its total debt.
Reducing Debt: LUNA's debt to equity ratio has increased from 4% to 16.6% over the past 5 years.
Debt Coverage: LUNA's debt is well covered by operating cash flow (125.5%).
Interest Coverage: LUNA earns more interest than it pays, so coverage of interest payments is not a concern.