Sats Balance Sheet Health
Financial Health criteria checks 2/6
Sats has a total shareholder equity of NOK1.3B and total debt of NOK1.6B, which brings its debt-to-equity ratio to 123.7%. Its total assets and total liabilities are NOK9.1B and NOK7.8B respectively. Sats's EBIT is NOK669.0M making its interest coverage ratio 2.9. It has cash and short-term investments of NOK321.0M.
Key information
123.7%
Debt to equity ratio
NOK 1.56b
Debt
| Interest coverage ratio | 2.9x |
| Cash | NOK 321.00m |
| Equity | NOK 1.26b |
| Total liabilities | NOK 7.82b |
| Total assets | NOK 9.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2S0's short term assets (NOK784.0M) do not cover its short term liabilities (NOK2.0B).
Long Term Liabilities: 2S0's short term assets (NOK784.0M) do not cover its long term liabilities (NOK5.8B).
Debt to Equity History and Analysis
Debt Level: 2S0's net debt to equity ratio (98.3%) is considered high.
Reducing Debt: 2S0 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 2S0's debt is well covered by operating cash flow (119.5%).
Interest Coverage: 2S0's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 12:53 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sats ASA is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Ole Westgaard | DNB Markets |
| Adrija Chakraborty | Morgan Stanley |