DSV Balance Sheet Health
Financial Health criteria checks 5/6
DSV has a total shareholder equity of DKK72.2B and total debt of DKK24.2B, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are DKK158.3B and DKK86.1B respectively. DSV's EBIT is DKK16.1B making its interest coverage ratio 10.7. It has cash and short-term investments of DKK8.5B.
Key information
33.5%
Debt to equity ratio
DKK 24.21b
Debt
| Interest coverage ratio | 10.7x |
| Cash | DKK 8.54b |
| Equity | DKK 72.24b |
| Total liabilities | DKK 86.08b |
| Total assets | DKK 158.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DS8's short term assets (DKK51.0B) exceed its short term liabilities (DKK40.0B).
Long Term Liabilities: DS8's short term assets (DKK51.0B) exceed its long term liabilities (DKK46.0B).
Debt to Equity History and Analysis
Debt Level: DS8's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: DS8's debt to equity ratio has increased from 15.4% to 33.5% over the past 5 years.
Debt Coverage: DS8's debt is well covered by operating cash flow (44.5%).
Interest Coverage: DS8's interest payments on its debt are well covered by EBIT (10.7x coverage).