GN Store Nord Balance Sheet Health
Financial Health criteria checks 2/6
GN Store Nord has a total shareholder equity of DKK9.7B and total debt of DKK13.5B, which brings its debt-to-equity ratio to 139.4%. Its total assets and total liabilities are DKK31.0B and DKK21.3B respectively. GN Store Nord's EBIT is DKK1.9B making its interest coverage ratio 4.9. It has cash and short-term investments of DKK1.7B.
Key information
139.4%
Debt to equity ratio
DKK 13.54b
Debt
Interest coverage ratio | 4.9x |
Cash | DKK 1.73b |
Equity | DKK 9.71b |
Total liabilities | DKK 21.33b |
Total assets | DKK 31.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GNN0's short term assets (DKK10.1B) do not cover its short term liabilities (DKK11.6B).
Long Term Liabilities: GNN0's short term assets (DKK10.1B) exceed its long term liabilities (DKK9.7B).
Debt to Equity History and Analysis
Debt Level: GNN0's net debt to equity ratio (121.6%) is considered high.
Reducing Debt: GNN0's debt to equity ratio has increased from 83.2% to 139.4% over the past 5 years.
Debt Coverage: GNN0's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: GNN0's interest payments on its debt are well covered by EBIT (4.9x coverage).