Novo Nordisk Financial Health

How is Novo Nordisk's financial position?

Financial Health Score

4/6

Financial 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).


Balance Sheet


Discover healthy companies