Orkla Balance Sheet Health
Financial Health criteria checks 5/6
Orkla has a total shareholder equity of NOK49.3B and total debt of NOK17.9B, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are NOK88.9B and NOK39.6B respectively. Orkla's EBIT is NOK6.9B making its interest coverage ratio 6.9. It has cash and short-term investments of NOK1.0B.
Key information
36.3%
Debt to equity ratio
kr17.89b
Debt
Interest coverage ratio | 6.9x |
Cash | kr1.01b |
Equity | kr49.29b |
Total liabilities | kr39.62b |
Total assets | kr88.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OKL0's short term assets (NOK22.7B) exceed its short term liabilities (NOK19.6B).
Long Term Liabilities: OKL0's short term assets (NOK22.7B) exceed its long term liabilities (NOK20.1B).
Debt to Equity History and Analysis
Debt Level: OKL0's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: OKL0's debt to equity ratio has increased from 16% to 36.3% over the past 5 years.
Debt Coverage: OKL0's debt is well covered by operating cash flow (45.2%).
Interest Coverage: OKL0's interest payments on its debt are well covered by EBIT (6.9x coverage).