XXL Balance Sheet Health
Financial Health criteria checks 3/6
XXL has a total shareholder equity of NOK2.4B and total debt of NOK1.2B, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are NOK7.3B and NOK4.9B respectively.
Key information
50.6%
Debt to equity ratio
NOK 1.23b
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 333.00m |
| Equity | NOK 2.43b |
| Total liabilities | NOK 4.86b |
| Total assets | NOK 7.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2XX0's short term assets (NOK2.4B) do not cover its short term liabilities (NOK3.3B).
Long Term Liabilities: 2XX0's short term assets (NOK2.4B) exceed its long term liabilities (NOK1.6B).
Debt to Equity History and Analysis
Debt Level: 2XX0's net debt to equity ratio (36.8%) is considered satisfactory.
Reducing Debt: 2XX0's debt to equity ratio has reduced from 57.5% to 50.6% over the past 5 years.
Debt Coverage: 2XX0's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2XX0's interest payments on its debt are well covered by EBIT.