SalMar Balance Sheet Health
Financial Health criteria checks 3/6
SalMar has a total shareholder equity of NOK19.5B and total debt of NOK18.4B, which brings its debt-to-equity ratio to 94.7%. Its total assets and total liabilities are NOK55.0B and NOK35.5B respectively. SalMar's EBIT is NOK5.4B making its interest coverage ratio 5.2. It has cash and short-term investments of NOK490.0M.
Key information
94.7%
Debt to equity ratio
NOK 18.44b
Debt
| Interest coverage ratio | 5.2x |
| Cash | NOK 490.00m |
| Equity | NOK 19.48b |
| Total liabilities | NOK 35.49b |
| Total assets | NOK 54.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JEP's short term assets (NOK18.2B) exceed its short term liabilities (NOK11.1B).
Long Term Liabilities: JEP's short term assets (NOK18.2B) do not cover its long term liabilities (NOK24.4B).
Debt to Equity History and Analysis
Debt Level: JEP's net debt to equity ratio (92.1%) is considered high.
Reducing Debt: JEP's debt to equity ratio has increased from 32.5% to 94.7% over the past 5 years.
Debt Coverage: JEP's debt is well covered by operating cash flow (33%).
Interest Coverage: JEP's interest payments on its debt are well covered by EBIT (5.2x coverage).