Scandinavian Investment Group Balance Sheet Health
Financial Health criteria checks 3/6
Scandinavian Investment Group has a total shareholder equity of DKK187.7M and total debt of DKK103.6M, which brings its debt-to-equity ratio to 55.2%. Its total assets and total liabilities are DKK299.0M and DKK111.3M respectively.
Key information
55.2%
Debt to equity ratio
kr.103.60m
Debt
| Interest coverage ratio | n/a |
| Cash | kr.112.20m |
| Equity | kr.187.70m |
| Total liabilities | kr.111.30m |
| Total assets | kr.299.00m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SIG's short term assets (DKK113.7M) exceed its short term liabilities (DKK15.7M).
Long Term Liabilities: SIG's short term assets (DKK113.7M) exceed its long term liabilities (DKK95.6M).
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 8.9% to 55.2% over the past 5 years.
Debt Coverage: SIG's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: Insufficient data to determine if SIG's interest payments on its debt are well covered by EBIT.