P/F Bakkafrost Balance Sheet Health
Financial Health criteria checks 4/6
P/F Bakkafrost has a total shareholder equity of DKK10.9B and total debt of DKK3.9B, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are DKK17.8B and DKK7.0B respectively. P/F Bakkafrost's EBIT is DKK1.2B making its interest coverage ratio 7.8. It has cash and short-term investments of DKK411.7M.
Key information
36.3%
Debt to equity ratio
kr.3.94b
Debt
Interest coverage ratio | 7.8x |
Cash | kr.411.67m |
Equity | kr.10.87b |
Total liabilities | kr.6.98b |
Total assets | kr.17.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6BF's short term assets (DKK5.9B) exceed its short term liabilities (DKK747.0M).
Long Term Liabilities: 6BF's short term assets (DKK5.9B) do not cover its long term liabilities (DKK6.2B).
Debt to Equity History and Analysis
Debt Level: 6BF's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: 6BF's debt to equity ratio has increased from 19.9% to 36.3% over the past 5 years.
Debt Coverage: 6BF's debt is well covered by operating cash flow (25.9%).
Interest Coverage: 6BF's interest payments on its debt are well covered by EBIT (7.8x coverage).