Lerøy Seafood Group Balance Sheet Health
Financial Health criteria checks 5/6
Lerøy Seafood Group has a total shareholder equity of NOK19.5B and total debt of NOK8.6B, which brings its debt-to-equity ratio to 44.1%. Its total assets and total liabilities are NOK40.2B and NOK20.6B respectively. Lerøy Seafood Group's EBIT is NOK2.7B making its interest coverage ratio 6.5. It has cash and short-term investments of NOK3.0B.
Key information
44.1%
Debt to equity ratio
NOK 8.62b
Debt
| Interest coverage ratio | 6.5x |
| Cash | NOK 3.03b |
| Equity | NOK 19.54b |
| Total liabilities | NOK 20.61b |
| Total assets | NOK 40.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Z1L0's short term assets (NOK18.1B) exceed its short term liabilities (NOK7.4B).
Long Term Liabilities: Z1L0's short term assets (NOK18.1B) exceed its long term liabilities (NOK13.2B).
Debt to Equity History and Analysis
Debt Level: Z1L0's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: Z1L0's debt to equity ratio has increased from 29.5% to 44.1% over the past 5 years.
Debt Coverage: Z1L0's debt is well covered by operating cash flow (36.7%).
Interest Coverage: Z1L0's interest payments on its debt are well covered by EBIT (6.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 07:16 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lerøy Seafood Group ASA is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Thomas Lorck | Arctic Securities ASA |
| Alexander Sloane | Barclays |