Carlsberg Balance Sheet Health
Financial Health criteria checks 2/6
Carlsberg has a total shareholder equity of DKK25.7B and total debt of DKK37.3B, which brings its debt-to-equity ratio to 144.9%. Its total assets and total liabilities are DKK111.8B and DKK86.1B respectively. Carlsberg's EBIT is DKK10.4B making its interest coverage ratio 31. It has cash and short-term investments of DKK15.6B.
Key information
144.9%
Debt to equity ratio
kr.37.30b
Debt
| Interest coverage ratio | 31x |
| Cash | kr.15.62b |
| Equity | kr.25.75b |
| Total liabilities | kr.86.08b |
| Total assets | kr.111.83b |
Recent financial health updates
Does Carlsberg (CPH:CARL B) Have A Healthy Balance Sheet?
Mar 28
Does Carlsberg (CPH:CARL B) Have A Healthy Balance Sheet?
Dec 11Is Carlsberg (CPH:CARL B) Using Too Much Debt?
Sep 11Carlsberg (CPH:CARL B) Seems To Use Debt Quite Sensibly
May 22Here's Why Carlsberg (CPH:CARL B) Can Manage Its Debt Responsibly
Dec 15These 4 Measures Indicate That Carlsberg (CPH:CARL B) Is Using Debt Reasonably Well
Aug 21Recent updates
Does 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 02Does Carlsberg (CPH:CARL B) Have A Healthy Balance Sheet?
Dec 11There's Been No Shortage Of Growth Recently For Carlsberg's (CPH:CARL B) Returns On Capital
Nov 20Is Carlsberg (CPH:CARL B) Using Too Much Debt?
Sep 11Returns On Capital Are Showing Encouraging Signs At Carlsberg (CPH:CARL B)
Aug 21Is There An Opportunity With Carlsberg A/S' (CPH:CARL B) 36% Undervaluation?
Jul 16Carlsberg (CPH:CARL B) Seems To Use Debt Quite Sensibly
May 22Is Carlsberg A/S (CPH:CARL B) Trading At A 26% Discount?
Apr 05Most Shareholders Will Probably Agree With Carlsberg A/S' (CPH:CARL B) CEO Compensation
Mar 07Carlsberg's (CPH:CARL B) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 12Carlsberg's (CPH:CARL B) Returns On Capital Are Heading Higher
Jan 13Here's Why Carlsberg (CPH:CARL B) Can Manage Its Debt Responsibly
Dec 15An Intrinsic Calculation For Carlsberg A/S (CPH:CARL B) Suggests It's 49% Undervalued
Nov 17Returns At Carlsberg (CPH:CARL B) Are On The Way Up
Oct 14These 4 Measures Indicate That Carlsberg (CPH:CARL B) Is Using Debt Reasonably Well
Aug 21Is There An Opportunity With Carlsberg A/S' (CPH:CARL B) 48% Undervaluation?
Jul 16Returns At Carlsberg (CPH:CARL B) Are On The Way Up
Jun 28Shareholders Will Most Likely Find Carlsberg A/S' (CPH:CARL B) CEO Compensation Acceptable
Mar 07Carlsberg (CPH:CARL B) Has Announced That It Will Be Increasing Its Dividend To kr.24.00
Feb 22Carlsberg's (CPH:CARL B) Upcoming Dividend Will Be Larger Than Last Year's
Feb 07Are Investors Undervaluing Carlsberg A/S (CPH:CARL B) By 41%?
Jan 21Carlsberg (CPH:CARL B) Is Looking To Continue Growing Its Returns On Capital
Dec 17Carlsberg (CPH:CARL B) Has A Pretty Healthy Balance Sheet
Dec 02Carlsberg A/S (CPH:CARL B) Shares Could Be 42% Below Their Intrinsic Value Estimate
Oct 17Carlsberg (CPH:CARL B) Is Doing The Right Things To Multiply Its Share Price
Sep 18Here's Why Carlsberg (CPH:CARL B) Can Manage Its Debt Responsibly
Sep 02Returns Are Gaining Momentum At Carlsberg (CPH:CARL B)
Jun 16Why Carlsberg A/S (CPH:CARL B) Is A Top Dividend Stock
May 01Carlsberg A/S (CPH:CARL B) Shares Could Be 46% Below Their Intrinsic Value Estimate
Apr 04Here's Why Carlsberg (CPH:CARL B) Can Manage Its Debt Responsibly
Mar 21We Think Some Shareholders May Hesitate To Increase Carlsberg A/S' (CPH:CARL B) CEO Compensation
Mar 08Are Robust Financials Driving The Recent Rally In Carlsberg A/S' (CPH:CARL B) Stock?
Mar 01Key Things To Understand About Carlsberg's (CPH:CARL B) CEO Pay Cheque
Feb 16
Carlsberg (CPH:CARL B) Shareholders Booked A 62% Gain In The Last Five Years
Feb 03Will the Promising Trends At Carlsberg (CPH:CARL B) Continue?
Jan 19What You Need To Know About Carlsberg A/S' (CPH:CARL B) Investor Composition
Jan 04Does Carlsberg A/S (CPH:CARL B) Have A Place In Your Dividend Portfolio?
Dec 21We Think Carlsberg (CPH:CARL B) Can Stay On Top Of Its Debt
Dec 07An Intrinsic Calculation For Carlsberg A/S (CPH:CARL B) Suggests It's 30% Undervalued
Nov 25Financial Position Analysis
Short Term Liabilities: CARL B's short term assets (DKK30.2B) do not cover its short term liabilities (DKK47.2B).
Long Term Liabilities: CARL B's short term assets (DKK30.2B) do not cover its long term liabilities (DKK38.9B).
Debt to Equity History and Analysis
Debt Level: CARL B's net debt to equity ratio (84.2%) is considered high.
Reducing Debt: CARL B's debt to equity ratio has increased from 50.1% to 144.9% over the past 5 years.
Debt Coverage: CARL B's debt is well covered by operating cash flow (35.2%).
Interest Coverage: CARL B's interest payments on its debt are well covered by EBIT (31x coverage).