XXL Balance Sheet Health
Financial Health criteria checks 3/6
XXL has a total shareholder equity of NOK2.3B and total debt of NOK1.3B, which brings its debt-to-equity ratio to 54.8%. Its total assets and total liabilities are NOK7.5B and NOK5.2B respectively.
Key information
54.8%
Debt to equity ratio
kr1.28b
Debt
| Interest coverage ratio | n/a |
| Cash | kr406.00m |
| Equity | kr2.34b |
| Total liabilities | kr5.20b |
| Total assets | kr7.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2XX's short term assets (NOK2.5B) do not cover its short term liabilities (NOK3.4B).
Long Term Liabilities: 2XX's short term assets (NOK2.5B) exceed its long term liabilities (NOK1.8B).
Debt to Equity History and Analysis
Debt Level: 2XX's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: 2XX's debt to equity ratio has reduced from 55.9% to 54.8% over the past 5 years.
Debt Coverage: 2XX's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: Insufficient data to determine if 2XX's interest payments on its debt are well covered by EBIT.