Crayon Group Holding Balance Sheet Health
Financial Health criteria checks 3/6
Crayon Group Holding has a total shareholder equity of NOK2.9B and total debt of NOK2.9B, which brings its debt-to-equity ratio to 99.3%. Its total assets and total liabilities are NOK16.3B and NOK13.4B respectively. Crayon Group Holding's EBIT is NOK727.0M making its interest coverage ratio 2.8. It has cash and short-term investments of NOK1.3B.
Key information
99.3%
Debt to equity ratio
NOK 2.88b
Debt
| Interest coverage ratio | 2.8x |
| Cash | NOK 1.35b |
| Equity | NOK 2.90b |
| Total liabilities | NOK 13.36b |
| Total assets | NOK 16.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 30X's short term assets (NOK11.3B) exceed its short term liabilities (NOK10.4B).
Long Term Liabilities: 30X's short term assets (NOK11.3B) exceed its long term liabilities (NOK2.9B).
Debt to Equity History and Analysis
Debt Level: 30X's net debt to equity ratio (52.9%) is considered high.
Reducing Debt: 30X's debt to equity ratio has increased from 82.7% to 99.3% over the past 5 years.
Debt Coverage: 30X's debt is well covered by operating cash flow (53.1%).
Interest Coverage: 30X's interest payments on its debt are not well covered by EBIT (2.8x coverage).