Ørsted Balance Sheet Health
Financial Health criteria checks 3/6
Ørsted has a total shareholder equity of DKK83.3B and total debt of DKK86.6B, which brings its debt-to-equity ratio to 103.9%. Its total assets and total liabilities are DKK290.4B and DKK207.1B respectively. Ørsted's EBIT is DKK13.4B making its interest coverage ratio 4.8. It has cash and short-term investments of DKK44.4B.
Key information
103.9%
Debt to equity ratio
DKK 86.57b
Debt
Interest coverage ratio | 4.8x |
Cash | DKK 44.43b |
Equity | DKK 83.33b |
Total liabilities | DKK 207.06b |
Total assets | DKK 290.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: D2G's short term assets (DKK86.1B) exceed its short term liabilities (DKK62.8B).
Long Term Liabilities: D2G's short term assets (DKK86.1B) do not cover its long term liabilities (DKK144.2B).
Debt to Equity History and Analysis
Debt Level: D2G's net debt to equity ratio (50.6%) is considered high.
Reducing Debt: D2G's debt to equity ratio has increased from 37.1% to 103.9% over the past 5 years.
Debt Coverage: D2G's debt is well covered by operating cash flow (25.4%).
Interest Coverage: D2G's interest payments on its debt are well covered by EBIT (4.8x coverage).