H. Lundbeck Balance Sheet Health
Financial Health criteria checks 5/6
H. Lundbeck has a total shareholder equity of DKK23.8B and total debt of DKK3.7B, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are DKK39.5B and DKK15.7B respectively. H. Lundbeck's EBIT is DKK3.5B making its interest coverage ratio -28.5. It has cash and short-term investments of DKK8.3B.
Key information
15.6%
Debt to equity ratio
DKK 3.72b
Debt
Interest coverage ratio | -28.5x |
Cash | DKK 8.32b |
Equity | DKK 23.84b |
Total liabilities | DKK 15.68b |
Total assets | DKK 39.52b |
Financial Position Analysis
Short Term Liabilities: HLUN A's short term assets (DKK17.0B) exceed its short term liabilities (DKK7.8B).
Long Term Liabilities: HLUN A's short term assets (DKK17.0B) exceed its long term liabilities (DKK7.9B).
Debt to Equity History and Analysis
Debt Level: HLUN A has more cash than its total debt.
Reducing Debt: HLUN A's debt to equity ratio has increased from 4.8% to 15.6% over the past 5 years.
Debt Coverage: HLUN A's debt is well covered by operating cash flow (145.8%).
Interest Coverage: HLUN A earns more interest than it pays, so coverage of interest payments is not a concern.