Carlsberg Balance Sheet Health
Financial Health criteria checks 2/6
Carlsberg has a total shareholder equity of DKK24.0B and total debt of DKK35.3B, which brings its debt-to-equity ratio to 147%. Its total assets and total liabilities are DKK112.3B and DKK88.3B respectively. Carlsberg's EBIT is DKK10.5B making its interest coverage ratio 22. It has cash and short-term investments of DKK10.7B.
Key information
147.0%
Debt to equity ratio
DKK 35.29b
Debt
| Interest coverage ratio | 22x |
| Cash | DKK 10.71b |
| Equity | DKK 24.00b |
| Total liabilities | DKK 88.27b |
| Total assets | DKK 112.27b |
Recent financial health updates
Is Carlsberg (CPH:CARL B) Using Too Much Debt?
Dec 05
Does Carlsberg (CPH:CARL B) Have A Healthy Balance Sheet?
Mar 28Recent updates
Is Carlsberg (CPH:CARL B) Using Too Much Debt?
Dec 05Carlsberg A/S' (CPH:CARL B) Price In Tune With Earnings
Nov 17Investors Will Want Carlsberg's (CPH:CARL B) Growth In ROCE To Persist
Oct 30Subdued Growth No Barrier To Carlsberg A/S' (CPH:CARL B) Price
Aug 02Investors Will Want Carlsberg's (CPH:CARL B) Growth In ROCE To Persist
Jul 12Estimating The Intrinsic Value Of Carlsberg A/S (CPH:CARL B)
Jun 24Carlsberg A/S' (CPH:CARL B) Shareholders Might Be Looking For Exit
May 03Does Carlsberg (CPH:CARL B) Have A Healthy Balance Sheet?
Mar 28Carlsberg's (CPH:CARL B) Returns On Capital Are Heading Higher
Mar 02Subdued Growth No Barrier To Carlsberg A/S' (CPH:CARL B) Price
Feb 02Financial Position Analysis
Short Term Liabilities: CARL B's short term assets (DKK29.5B) do not cover its short term liabilities (DKK49.7B).
Long Term Liabilities: CARL B's short term assets (DKK29.5B) do not cover its long term liabilities (DKK38.5B).
Debt to Equity History and Analysis
Debt Level: CARL B's net debt to equity ratio (102.4%) is considered high.
Reducing Debt: CARL B's debt to equity ratio has increased from 52.7% to 147% over the past 5 years.
Debt Coverage: CARL B's debt is well covered by operating cash flow (30.8%).
Interest Coverage: CARL B's interest payments on its debt are well covered by EBIT (22x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 04:05 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Carlsberg A/S is covered by 57 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Vitfell-Rasmussen | ABG Sundal Collier |
| Anthony Bucalo | Banco Santander |
| Laurence Whyatt | Barclays |