Topdanmark Balance Sheet Health
Financial Health criteria checks 5/6
Topdanmark has a total shareholder equity of DKK5.1B and total debt of DKK1.5B, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are DKK24.6B and DKK19.4B respectively. Topdanmark's EBIT is DKK1.6B making its interest coverage ratio 16.3. It has cash and short-term investments of DKK997.0M.
Key information
29.0%
Debt to equity ratio
kr.1.49b
Debt
| Interest coverage ratio | 16.3x |
| Cash | kr.997.00m |
| Equity | kr.5.14b |
| Total liabilities | kr.19.43b |
| Total assets | kr.24.57b |
Recent financial health updates
No updates
Recent updates
Shareholders Will Probably Not Have Any Issues With Topdanmark A/S' (CPH:TOP) CEO Compensation
Apr 17
Topdanmark (CPH:TOP) Is Reducing Its Dividend To DKK11.50
Apr 05Topdanmark (CPH:TOP) Is Reducing Its Dividend To DKK11.50
Feb 22Topdanmark (CPH:TOP) Will Pay A Smaller Dividend Than Last Year
Jan 28Topdanmark A/S Just Missed Earnings - But Analysts Have Updated Their Models
Jan 26What Topdanmark A/S' (CPH:TOP) P/E Is Not Telling You
Jan 09We Take A Look At Why Topdanmark A/S' (CPH:TOP) CEO Compensation Is Well Earned
Mar 17Topdanmark (CPH:TOP) Is Paying Out A Larger Dividend Than Last Year
Feb 26If You Like EPS Growth Then Check Out Topdanmark (CPH:TOP) Before It's Too Late
Feb 13Topdanmark's (CPH:TOP) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 23If You Like EPS Growth Then Check Out Topdanmark (CPH:TOP) Before It's Too Late
Nov 03Is Now The Time To Put Topdanmark (CPH:TOP) On Your Watchlist?
Aug 03This Is Why Topdanmark A/S' (CPH:TOP) CEO Compensation Looks Appropriate
Mar 18Topdanmark (CPH:TOP) Has Gifted Shareholders With A Fantastic 128% Total Return On Their Investment
Feb 18Should Topdanmark A/S (CPH:TOP) Be Part Of Your Dividend Portfolio?
Jan 28
Does The Market Have A Low Tolerance For Topdanmark A/S' (CPH:TOP) Mixed Fundamentals?
Jan 07What Kind Of Shareholders Hold The Majority In Topdanmark A/S' (CPH:TOP) Shares?
Dec 14Financial Position Analysis
Short Term Liabilities: TOP's short term assets (DKK2.4B) exceed its short term liabilities (DKK314.0M).
Long Term Liabilities: TOP's short term assets (DKK2.4B) do not cover its long term liabilities (DKK19.1B).
Debt to Equity History and Analysis
Debt Level: TOP's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: TOP's debt to equity ratio has reduced from 39.6% to 29% over the past 5 years.
Debt Coverage: TOP's debt is well covered by operating cash flow (85.1%).
Interest Coverage: TOP's interest payments on its debt are well covered by EBIT (16.3x coverage).