Telenor Balance Sheet Health
Financial Health criteria checks 3/6
Telenor has a total shareholder equity of NOK70.4B and total debt of NOK88.0B, which brings its debt-to-equity ratio to 125%. Its total assets and total liabilities are NOK218.4B and NOK147.9B respectively. Telenor's EBIT is NOK17.7B making its interest coverage ratio 7.1. It has cash and short-term investments of NOK20.9B.
Key information
125.0%
Debt to equity ratio
kr88.01b
Debt
Interest coverage ratio | 7.1x |
Cash | kr20.86b |
Equity | kr70.43b |
Total liabilities | kr147.94b |
Total assets | kr218.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TEQ's short term assets (NOK39.8B) do not cover its short term liabilities (NOK46.0B).
Long Term Liabilities: TEQ's short term assets (NOK39.8B) do not cover its long term liabilities (NOK102.0B).
Debt to Equity History and Analysis
Debt Level: TEQ's net debt to equity ratio (95.3%) is considered high.
Reducing Debt: TEQ's debt to equity ratio has reduced from 131.3% to 125% over the past 5 years.
Debt Coverage: TEQ's debt is well covered by operating cash flow (33.1%).
Interest Coverage: TEQ's interest payments on its debt are well covered by EBIT (7.1x coverage).