Multiconsult Balance Sheet Health
Financial Health criteria checks 5/6
Multiconsult has a total shareholder equity of NOK1.2B and total debt of NOK550.8M, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are NOK3.8B and NOK2.7B respectively. Multiconsult's EBIT is NOK537.2M making its interest coverage ratio 13.3. It has cash and short-term investments of NOK62.5M.
Key information
47.5%
Debt to equity ratio
NOK 550.83m
Debt
| Interest coverage ratio | 13.3x |
| Cash | NOK 62.47m |
| Equity | NOK 1.16b |
| Total liabilities | NOK 2.68b |
| Total assets | NOK 3.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3MC's short term assets (NOK1.6B) exceed its short term liabilities (NOK1.5B).
Long Term Liabilities: 3MC's short term assets (NOK1.6B) exceed its long term liabilities (NOK1.1B).
Debt to Equity History and Analysis
Debt Level: 3MC's net debt to equity ratio (42.1%) is considered high.
Reducing Debt: 3MC's debt to equity ratio has reduced from 52.3% to 47.5% over the past 5 years.
Debt Coverage: 3MC's debt is well covered by operating cash flow (123.2%).
Interest Coverage: 3MC's interest payments on its debt are well covered by EBIT (13.3x coverage).