Novo Nordisk Financial Health
How is Novo Nordisk's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: NOVO B's short term assets (DKK108.2B) do not cover its short term liabilities (DKK120.9B).
Long Term Liabilities: NOVO B's short term assets (DKK108.2B) exceed its long term liabilities (DKK36.8B).
Debt to Equity History and Analysis
Debt Level: NOVO B has more cash than its total debt.
Reducing Debt: NOVO B's debt to equity ratio has increased from 3.4% to 25.5% over the past 5 years.
Debt Coverage: NOVO B's debt is well covered by operating cash flow (371.1%).
Interest Coverage: NOVO B's interest payments on its debt are well covered by EBIT (544x coverage).