Schibsted Balance Sheet Health
Financial Health criteria checks 4/6
Schibsted has a total shareholder equity of NOK44.6B and total debt of NOK5.7B, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are NOK58.4B and NOK13.8B respectively. Schibsted's EBIT is NOK1.2B making its interest coverage ratio 3.8. It has cash and short-term investments of NOK1.3B.
Key information
12.7%
Debt to equity ratio
kr5.65b
Debt
Interest coverage ratio | 3.8x |
Cash | kr1.28b |
Equity | kr44.60b |
Total liabilities | kr13.81b |
Total assets | kr58.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XPG's short term assets (NOK3.7B) do not cover its short term liabilities (NOK5.2B).
Long Term Liabilities: XPG's short term assets (NOK3.7B) do not cover its long term liabilities (NOK8.6B).
Debt to Equity History and Analysis
Debt Level: XPG's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: XPG's debt to equity ratio has reduced from 28.8% to 12.7% over the past 5 years.
Debt Coverage: XPG's debt is well covered by operating cash flow (30.2%).
Interest Coverage: XPG's interest payments on its debt are well covered by EBIT (3.8x coverage).