Tryg Balance Sheet Health
Financial Health criteria checks 5/6
Tryg has a total shareholder equity of DKK40.0B and total debt of DKK6.5B, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are DKK106.9B and DKK66.9B respectively. Tryg's EBIT is DKK7.1B making its interest coverage ratio 17.7. It has cash and short-term investments of DKK1.9B.
Key information
16.3%
Debt to equity ratio
DKK 6.51b
Debt
Interest coverage ratio | 17.7x |
Cash | DKK 1.88b |
Equity | DKK 39.96b |
Total liabilities | DKK 66.90b |
Total assets | DKK 106.86b |
Recent financial health updates
No updates
Recent updates
Is Now The Time To Put Tryg (CPH:TRYG) On Your Watchlist?
Nov 02Tryg A/S (CPH:TRYG) Investors Are Less Pessimistic Than Expected
Aug 16Here's Why We Think Tryg (CPH:TRYG) Is Well Worth Watching
Jul 25Tryg A/S' (CPH:TRYG) Business Is Trailing The Market But Its Shares Aren't
Apr 15Tryg A/S' (CPH:TRYG) P/E Is On The Mark
Dec 18I Ran A Stock Scan For Earnings Growth And Tryg (CPH:TRYG) Passed With Ease
Jul 05Here's What You Should Know About Tryg A/S's (CPH:TRYG) 4.8% Dividend Yield
Apr 16Increases to CEO Compensation Might Be Put On Hold For Now at Tryg A/S (CPH:TRYG)
Mar 20Has Tryg A/S' (CPH:TRYG) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Feb 23What Can We Conclude About Tryg's (CPH:TRYG) CEO Pay?
Feb 05Tryg (CPH:TRYG) Has Gifted Shareholders With A Fantastic 131% Total Return On Their Investment
Jan 12What Is The Ownership Structure Like For Tryg A/S (CPH:TRYG)?
Dec 15Should Tryg A/S (CPH:TRYG) Be Part Of Your Dividend Portfolio?
Nov 25Financial Position Analysis
Short Term Liabilities: TRYG's short term assets (DKK8.1B) exceed its short term liabilities (DKK4.9B).
Long Term Liabilities: TRYG's short term assets (DKK8.1B) do not cover its long term liabilities (DKK62.0B).
Debt to Equity History and Analysis
Debt Level: TRYG's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: TRYG's debt to equity ratio has reduced from 40.5% to 16.3% over the past 5 years.
Debt Coverage: TRYG's debt is well covered by operating cash flow (50.7%).
Interest Coverage: TRYG's interest payments on its debt are well covered by EBIT (17.7x coverage).