Self Storage Group Balance Sheet Health
Financial Health criteria checks 1/6
Self Storage Group has a total shareholder equity of NOK1.8B and total debt of NOK1.1B, which brings its debt-to-equity ratio to 61.3%. Its total assets and total liabilities are NOK3.7B and NOK1.9B respectively. Self Storage Group's EBIT is NOK213.6M making its interest coverage ratio 5.7. It has cash and short-term investments of NOK109.2M.
Key information
61.3%
Debt to equity ratio
NOK 1.12b
Debt
| Interest coverage ratio | 5.7x |
| Cash | NOK 109.25m |
| Equity | NOK 1.83b |
| Total liabilities | NOK 1.88b |
| Total assets | NOK 3.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 17K's short term assets (NOK159.2M) do not cover its short term liabilities (NOK200.5M).
Long Term Liabilities: 17K's short term assets (NOK159.2M) do not cover its long term liabilities (NOK1.7B).
Debt to Equity History and Analysis
Debt Level: 17K's net debt to equity ratio (55.4%) is considered high.
Reducing Debt: 17K's debt to equity ratio has increased from 19.5% to 61.3% over the past 5 years.
Debt Coverage: 17K's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: 17K's interest payments on its debt are well covered by EBIT (5.7x coverage).