Carlsberg Balance Sheet Health
Financial Health criteria checks 2/6
Carlsberg has a total shareholder equity of DKK24.0B and total debt of DKK35.3B, which brings its debt-to-equity ratio to 147%. Its total assets and total liabilities are DKK112.3B and DKK88.3B respectively. Carlsberg's EBIT is DKK10.5B making its interest coverage ratio 22. It has cash and short-term investments of DKK10.7B.
Key information
147.0%
Debt to equity ratio
DKK 35.29b
Debt
| Interest coverage ratio | 22x |
| Cash | DKK 10.71b |
| Equity | DKK 24.00b |
| Total liabilities | DKK 88.27b |
| Total assets | DKK 112.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000461893's short term assets (DKK29.5B) do not cover its short term liabilities (DKK49.7B).
Long Term Liabilities: 000461893's short term assets (DKK29.5B) do not cover its long term liabilities (DKK38.5B).
Debt to Equity History and Analysis
Debt Level: 000461893's net debt to equity ratio (102.4%) is considered high.
Reducing Debt: 000461893's debt to equity ratio has increased from 52.7% to 147% over the past 5 years.
Debt Coverage: 000461893's debt is well covered by operating cash flow (30.8%).
Interest Coverage: 000461893's interest payments on its debt are well covered by EBIT (22x coverage).