Mowi Balance Sheet Health
Financial Health criteria checks 4/6
Mowi has a total shareholder equity of €3.8B and total debt of €2.1B, which brings its debt-to-equity ratio to 53.6%. Its total assets and total liabilities are €8.1B and €4.2B respectively. Mowi's EBIT is €766.3M making its interest coverage ratio 5.9. It has cash and short-term investments of €178.3M.
Key information
53.6%
Debt to equity ratio
€2.06b
Debt
| Interest coverage ratio | 5.9x |
| Cash | €178.30m |
| Equity | €3.84b |
| Total liabilities | €4.24b |
| Total assets | €8.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNDA's short term assets (€3.7B) exceed its short term liabilities (€1.2B).
Long Term Liabilities: PNDA's short term assets (€3.7B) exceed its long term liabilities (€3.1B).
Debt to Equity History and Analysis
Debt Level: PNDA's net debt to equity ratio (49%) is considered high.
Reducing Debt: PNDA's debt to equity ratio has increased from 40.4% to 53.6% over the past 5 years.
Debt Coverage: PNDA's debt is well covered by operating cash flow (37%).
Interest Coverage: PNDA's interest payments on its debt are well covered by EBIT (5.9x coverage).