Genmab Balance Sheet Health
Financial Health criteria checks 6/6
Genmab has a total shareholder equity of DKK31.9B and total debt of DKK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are DKK39.7B and DKK7.7B respectively. Genmab's EBIT is DKK6.6B making its interest coverage ratio -6.6. It has cash and short-term investments of DKK17.3B.
Key information
0%
Debt to equity ratio
DKK 0
Debt
Interest coverage ratio | -6.6x |
Cash | DKK 17.32b |
Equity | DKK 31.92b |
Total liabilities | DKK 7.74b |
Total assets | DKK 39.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GE91's short term assets (DKK23.7B) exceed its short term liabilities (DKK4.6B).
Long Term Liabilities: GE91's short term assets (DKK23.7B) exceed its long term liabilities (DKK3.2B).
Debt to Equity History and Analysis
Debt Level: GE91 is debt free.
Reducing Debt: GE91 has not had any debt for past 5 years.
Debt Coverage: GE91 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GE91 has no debt, therefore coverage of interest payments is not a concern.