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).