Orkla Balance Sheet Health
Financial Health criteria checks 4/6
Orkla has a total shareholder equity of NOK46.7B and total debt of NOK18.5B, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are NOK86.6B and NOK39.8B respectively. Orkla's EBIT is NOK7.0B making its interest coverage ratio 7. It has cash and short-term investments of NOK1.3B.
Key information
39.5%
Debt to equity ratio
kr18.46b
Debt
Interest coverage ratio | 7x |
Cash | kr1.32b |
Equity | kr46.75b |
Total liabilities | kr39.84b |
Total assets | kr86.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OKL's short term assets (NOK21.6B) exceed its short term liabilities (NOK17.0B).
Long Term Liabilities: OKL's short term assets (NOK21.6B) do not cover its long term liabilities (NOK22.8B).
Debt to Equity History and Analysis
Debt Level: OKL's net debt to equity ratio (36.6%) is considered satisfactory.
Reducing Debt: OKL's debt to equity ratio has increased from 20.3% to 39.5% over the past 5 years.
Debt Coverage: OKL's debt is well covered by operating cash flow (39.3%).
Interest Coverage: OKL's interest payments on its debt are well covered by EBIT (7x coverage).