Telenor Balance Sheet Health
Financial Health criteria checks 3/6
Telenor has a total shareholder equity of NOK71.0B and total debt of NOK84.7B, which brings its debt-to-equity ratio to 119.3%. Its total assets and total liabilities are NOK220.6B and NOK149.6B respectively. Telenor's EBIT is NOK18.0B making its interest coverage ratio 7.5. It has cash and short-term investments of NOK16.5B.
Key information
119.3%
Debt to equity ratio
NOK 84.74b
Debt
| Interest coverage ratio | 7.5x |
| Cash | NOK 16.54b |
| Equity | NOK 71.00b |
| Total liabilities | NOK 149.62b |
| Total assets | NOK 220.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TEQA's short term assets (NOK33.1B) do not cover its short term liabilities (NOK57.1B).
Long Term Liabilities: TEQA's short term assets (NOK33.1B) do not cover its long term liabilities (NOK92.5B).
Debt to Equity History and Analysis
Debt Level: TEQA's net debt to equity ratio (96.1%) is considered high.
Reducing Debt: TEQA's debt to equity ratio has reduced from 198.5% to 119.3% over the past 5 years.
Debt Coverage: TEQA's debt is well covered by operating cash flow (39.5%).
Interest Coverage: TEQA's interest payments on its debt are well covered by EBIT (7.5x coverage).