Harboes Bryggeri Balance Sheet Health
Financial Health criteria checks 6/6
Harboes Bryggeri has a total shareholder equity of DKK754.8M and total debt of DKK118.3M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are DKK1.3B and DKK579.1M respectively. Harboes Bryggeri's EBIT is DKK78.2M making its interest coverage ratio 9.6. It has cash and short-term investments of DKK34.5M.
Key information
15.7%
Debt to equity ratio
DKK 118.26m
Debt
| Interest coverage ratio | 9.6x |
| Cash | DKK 34.51m |
| Equity | DKK 754.76m |
| Total liabilities | DKK 579.13m |
| Total assets | DKK 1.33b |
Recent financial health updates
Does Harboes Bryggeri (CPH:HARB B) Have A Healthy Balance Sheet?
Oct 26
Harboes Bryggeri (CPH:HARB B) Has A Pretty Healthy Balance Sheet
Apr 26Is Harboes Bryggeri (CPH:HARB B) Using Too Much Debt?
Dec 01Harboes Bryggeri (CPH:HARB B) Takes On Some Risk With Its Use Of Debt
Aug 03We Think Harboes Bryggeri (CPH:HARB B) Has A Fair Chunk Of Debt
Apr 08We Think Harboes Bryggeri (CPH:HARB B) Has A Fair Chunk Of Debt
Dec 21
Recent updates
Investors Give Harboes Bryggeri A/S (CPH:HARB B) Shares A 30% Hiding
Nov 01Does Harboes Bryggeri (CPH:HARB B) Have A Healthy Balance Sheet?
Oct 26Further Upside For Harboes Bryggeri A/S (CPH:HARB B) Shares Could Introduce Price Risks After 27% Bounce
Sep 17A Piece Of The Puzzle Missing From Harboes Bryggeri A/S' (CPH:HARB B) 48% Share Price Climb
Jul 27Investors Still Aren't Entirely Convinced By Harboes Bryggeri A/S' (CPH:HARB B) Revenues Despite 34% Price Jump
Jun 12The Return Trends At Harboes Bryggeri (CPH:HARB B) Look Promising
May 25The Market Lifts Harboes Bryggeri A/S (CPH:HARB B) Shares 40% But It Can Do More
Apr 28Harboes Bryggeri (CPH:HARB B) Has A Pretty Healthy Balance Sheet
Apr 26Market Still Lacking Some Conviction On Harboes Bryggeri A/S (CPH:HARB B)
Mar 13Is Harboes Bryggeri (CPH:HARB B) Using Too Much Debt?
Dec 01We Think That There Are Some Issues For Harboes Bryggeri (CPH:HARB B) Beyond Its Promising Earnings
Sep 15Harboes Bryggeri (CPH:HARB B) Takes On Some Risk With Its Use Of Debt
Aug 03We Think Harboes Bryggeri (CPH:HARB B) Has A Fair Chunk Of Debt
Apr 08We Think Harboes Bryggeri (CPH:HARB B) Has A Fair Chunk Of Debt
Dec 21Financial Position Analysis
Short Term Liabilities: HARB B's short term assets (DKK665.4M) exceed its short term liabilities (DKK408.9M).
Long Term Liabilities: HARB B's short term assets (DKK665.4M) exceed its long term liabilities (DKK170.2M).
Debt to Equity History and Analysis
Debt Level: HARB B's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: HARB B's debt to equity ratio has reduced from 18.5% to 15.7% over the past 5 years.
Debt Coverage: HARB B's debt is well covered by operating cash flow (108.1%).
Interest Coverage: HARB B's interest payments on its debt are well covered by EBIT (9.6x coverage).