Selvaag Bolig Balance Sheet Health
Financial Health criteria checks 5/6
Selvaag Bolig has a total shareholder equity of NOK2.3B and total debt of NOK1.4B, which brings its debt-to-equity ratio to 57.8%. Its total assets and total liabilities are NOK4.8B and NOK2.4B respectively. Selvaag Bolig's EBIT is NOK234.1M making its interest coverage ratio -20.3. It has cash and short-term investments of NOK189.1M.
Key information
57.8%
Debt to equity ratio
NOK 1.36b
Debt
| Interest coverage ratio | -20.3x |
| Cash | NOK 189.10m |
| Equity | NOK 2.34b |
| Total liabilities | NOK 2.41b |
| Total assets | NOK 4.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S2B's short term assets (NOK3.4B) exceed its short term liabilities (NOK1.2B).
Long Term Liabilities: S2B's short term assets (NOK3.4B) exceed its long term liabilities (NOK1.2B).
Debt to Equity History and Analysis
Debt Level: S2B's net debt to equity ratio (49.7%) is considered high.
Reducing Debt: S2B's debt to equity ratio has reduced from 81.4% to 57.8% over the past 5 years.
Debt Coverage: S2B's debt is well covered by operating cash flow (70%).
Interest Coverage: S2B earns more interest than it pays, so coverage of interest payments is not a concern.