Ørsted Balance Sheet Health
Financial Health criteria checks 3/6
Ørsted has a total shareholder equity of DKK77.8B and total debt of DKK79.6B, which brings its debt-to-equity ratio to 102.4%. Its total assets and total liabilities are DKK281.1B and DKK203.3B respectively. Ørsted's EBIT is DKK12.7B making its interest coverage ratio 4.8. It has cash and short-term investments of DKK39.7B.
Key information
102.4%
Debt to equity ratio
kr.79.62b
Debt
Interest coverage ratio | 4.8x |
Cash | kr.39.66b |
Equity | kr.77.79b |
Total liabilities | kr.203.35b |
Total assets | kr.281.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: D2G's short term assets (DKK84.1B) exceed its short term liabilities (DKK59.2B).
Long Term Liabilities: D2G's short term assets (DKK84.1B) do not cover its long term liabilities (DKK144.1B).
Debt to Equity History and Analysis
Debt Level: D2G's net debt to equity ratio (51.4%) is considered high.
Reducing Debt: D2G's debt to equity ratio has increased from 32.1% to 102.4% over the past 5 years.
Debt Coverage: D2G's debt is well covered by operating cash flow (35.8%).
Interest Coverage: D2G's interest payments on its debt are well covered by EBIT (4.8x coverage).