Olav Thon Eiendomsselskap Balance Sheet Health
Financial Health criteria checks 1/6
Olav Thon Eiendomsselskap has a total shareholder equity of NOK31.1B and total debt of NOK21.0B, which brings its debt-to-equity ratio to 67.5%. Its total assets and total liabilities are NOK61.1B and NOK30.0B respectively. Olav Thon Eiendomsselskap's EBIT is NOK3.2B making its interest coverage ratio 2.7. It has cash and short-term investments of NOK109.0M.
Key information
67.5%
Debt to equity ratio
NOK 20.97b
Debt
| Interest coverage ratio | 2.7x |
| Cash | NOK 109.00m |
| Equity | NOK 31.06b |
| Total liabilities | NOK 30.04b |
| Total assets | NOK 61.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8IL's short term assets (NOK1.1B) do not cover its short term liabilities (NOK6.3B).
Long Term Liabilities: 8IL's short term assets (NOK1.1B) do not cover its long term liabilities (NOK23.8B).
Debt to Equity History and Analysis
Debt Level: 8IL's net debt to equity ratio (67.1%) is considered high.
Reducing Debt: 8IL's debt to equity ratio has reduced from 87% to 67.5% over the past 5 years.
Debt Coverage: 8IL's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: 8IL's interest payments on its debt are not well covered by EBIT (2.7x coverage).