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 DKK3.4B making its interest coverage ratio -27.4. 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 | -27.4x |
Cash | DKK 8.32b |
Equity | DKK 23.84b |
Total liabilities | DKK 15.68b |
Total assets | DKK 39.52b |
Recent financial health updates
H. Lundbeck (CPH:HLUN B) Seems To Use Debt Quite Sensibly
Oct 24These 4 Measures Indicate That H. Lundbeck (CPH:HLUN B) Is Using Debt Safely
Jun 05Recent updates
H. Lundbeck (CPH:HLUN B) Seems To Use Debt Quite Sensibly
Oct 24Investors Aren't Entirely Convinced By H. Lundbeck A/S' (CPH:HLUN B) Earnings
Oct 03Do H. Lundbeck's (CPH:HLUN B) Earnings Warrant Your Attention?
Aug 22Investors Interested In H. Lundbeck A/S' (CPH:HLUN B) Earnings
Jul 01These 4 Measures Indicate That H. Lundbeck (CPH:HLUN B) Is Using Debt Safely
Jun 05H. Lundbeck (CPH:HLUN B) Will Pay A Larger Dividend Than Last Year At DKK0.70
Mar 07H. Lundbeck (CPH:HLUN B) Has Announced That It Will Be Increasing Its Dividend To DKK0.70
Feb 22H. Lundbeck A/S Just Missed Earnings - But Analysts Have Updated Their Models
Feb 10Financial Position Analysis
Short Term Liabilities: HLUN B's short term assets (DKK17.0B) exceed its short term liabilities (DKK7.8B).
Long Term Liabilities: HLUN B's short term assets (DKK17.0B) exceed its long term liabilities (DKK7.9B).
Debt to Equity History and Analysis
Debt Level: HLUN B has more cash than its total debt.
Reducing Debt: HLUN B's debt to equity ratio has increased from 4.8% to 15.6% over the past 5 years.
Debt Coverage: HLUN B's debt is well covered by operating cash flow (145.8%).
Interest Coverage: HLUN B earns more interest than it pays, so coverage of interest payments is not a concern.