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 61.1%. Its total assets and total liabilities are NOK4.8B and NOK2.4B respectively. Selvaag Bolig's EBIT is NOK314.3M making its interest coverage ratio -15.8. It has cash and short-term investments of NOK266.5M.
Key information
61.1%
Debt to equity ratio
kr1.41b
Debt
| Interest coverage ratio | -15.8x |
| Cash | kr266.52m |
| Equity | kr2.31b |
| Total liabilities | kr2.45b |
| Total assets | kr4.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S2B's short term assets (NOK3.6B) exceed its short term liabilities (NOK1.2B).
Long Term Liabilities: S2B's short term assets (NOK3.6B) exceed its long term liabilities (NOK1.2B).
Debt to Equity History and Analysis
Debt Level: S2B's net debt to equity ratio (49.6%) is considered high.
Reducing Debt: S2B's debt to equity ratio has reduced from 74.3% to 61.1% over the past 5 years.
Debt Coverage: S2B's debt is well covered by operating cash flow (84.9%).
Interest Coverage: S2B earns more interest than it pays, so coverage of interest payments is not a concern.