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Topdanmark Balance Sheet Health
Financial Health criteria checks 5/6
Topdanmark has a total shareholder equity of DKK4.3B and total debt of DKK1.2B, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are DKK22.7B and DKK18.5B respectively. Topdanmark's EBIT is DKK1.7B making its interest coverage ratio 15.7. It has cash and short-term investments of DKK533.0M.
Key information
27.4%
Debt to equity ratio
DKK 1.17b
Debt
Interest coverage ratio | 15.7x |
Cash | DKK 533.00m |
Equity | DKK 4.26b |
Total liabilities | DKK 18.45b |
Total assets | DKK 22.71b |
Recent financial health updates
No updates
Recent updates
What Topdanmark A/S' (CPH:TOP) P/E Is Not Telling You
Jun 17Shareholders Will Probably Not Have Any Issues With Topdanmark A/S' (CPH:TOP) CEO Compensation
Apr 17Topdanmark (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 18Financial Position Analysis
Short Term Liabilities: TOP's short term assets (DKK1.9B) exceed its short term liabilities (DKK446.0M).
Long Term Liabilities: TOP's short term assets (DKK1.9B) do not cover its long term liabilities (DKK18.0B).
Debt to Equity History and Analysis
Debt Level: TOP's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: TOP's debt to equity ratio has reduced from 35% to 27.4% over the past 5 years.
Debt Coverage: TOP's debt is well covered by operating cash flow (97.8%).
Interest Coverage: TOP's interest payments on its debt are well covered by EBIT (15.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/10/22 06:37 |
End of Day Share Price | 2024/10/18 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 * |
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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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Topdanmark A/S is covered by 25 analysts. 3 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 |
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Mads Thinggaard | ABG Sundal Collier |
Andrew Broadfield | Barclays |
Tryfonas Spyrou | Berenberg |