Scandinavian Investment Group Balance Sheet Health
Financial Health criteria checks 4/6
Scandinavian Investment Group has a total shareholder equity of DKK190.3M and total debt of DKK110.2M, which brings its debt-to-equity ratio to 57.9%. Its total assets and total liabilities are DKK307.4M and DKK117.1M respectively. Scandinavian Investment Group's EBIT is DKK24.4M making its interest coverage ratio -8.4. It has cash and short-term investments of DKK120.9M.
Key information
57.9%
Debt to equity ratio
DKK 110.20m
Debt
Interest coverage ratio | -8.4x |
Cash | DKK 120.90m |
Equity | DKK 190.30m |
Total liabilities | DKK 117.10m |
Total assets | DKK 307.40m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SIG's short term assets (DKK122.1M) exceed its short term liabilities (DKK20.8M).
Long Term Liabilities: SIG's short term assets (DKK122.1M) exceed its long term liabilities (DKK96.3M).
Debt to Equity History and Analysis
Debt Level: SIG has more cash than its total debt.
Reducing Debt: SIG's debt to equity ratio has increased from 5.5% to 57.9% over the past 5 years.
Debt Coverage: SIG's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: SIG earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/23 11:48 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/06/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Scandinavian Investment Group A/S is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Carsten Petersen | Nordea Markets |
Steven Brooker | SEB |