North Media Balance Sheet Health
Financial Health criteria checks 6/6
North Media has a total shareholder equity of DKK1.3B and total debt of DKK104.9M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are DKK1.7B and DKK447.9M respectively. North Media's EBIT is DKK89.2M making its interest coverage ratio -0.4. It has cash and short-term investments of DKK931.5M.
Key information
8.2%
Debt to equity ratio
DKK 104.90m
Debt
| Interest coverage ratio | -0.4x |
| Cash | DKK 931.50m |
| Equity | DKK 1.28b |
| Total liabilities | DKK 447.90m |
| Total assets | DKK 1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3S8's short term assets (DKK1.1B) exceed its short term liabilities (DKK282.3M).
Long Term Liabilities: 3S8's short term assets (DKK1.1B) exceed its long term liabilities (DKK165.6M).
Debt to Equity History and Analysis
Debt Level: 3S8 has more cash than its total debt.
Reducing Debt: 3S8's debt to equity ratio has reduced from 21.4% to 8.2% over the past 5 years.
Debt Coverage: 3S8's debt is well covered by operating cash flow (46.6%).
Interest Coverage: 3S8 earns more interest than it pays, so coverage of interest payments is not a concern.