Multiconsult Balance Sheet Health
Financial Health criteria checks 5/6
Multiconsult has a total shareholder equity of NOK1.1B and total debt of NOK450.0M, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are NOK3.9B and NOK2.8B respectively. Multiconsult's EBIT is NOK410.3M making its interest coverage ratio 8.1. It has cash and short-term investments of NOK278.1M.
Key information
41.7%
Debt to equity ratio
kr450.00m
Debt
Interest coverage ratio | 8.1x |
Cash | kr278.09m |
Equity | kr1.08b |
Total liabilities | kr2.80b |
Total assets | kr3.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3MC's short term assets (NOK1.7B) exceed its short term liabilities (NOK1.6B).
Long Term Liabilities: 3MC's short term assets (NOK1.7B) exceed its long term liabilities (NOK1.2B).
Debt to Equity History and Analysis
Debt Level: 3MC's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: 3MC's debt to equity ratio has increased from 32.9% to 41.7% over the past 5 years.
Debt Coverage: 3MC's debt is well covered by operating cash flow (94.1%).
Interest Coverage: 3MC's interest payments on its debt are well covered by EBIT (8.1x coverage).