Dampskibsselskabet Norden Balance Sheet Health
Financial Health criteria checks 6/6
Dampskibsselskabet Norden has a total shareholder equity of $1.3B and total debt of $205.2M, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are $2.3B and $1.1B respectively. Dampskibsselskabet Norden's EBIT is $140.5M making its interest coverage ratio 6.6. It has cash and short-term investments of $193.7M.
Key information
16.4%
Debt to equity ratio
US$205.20m
Debt
| Interest coverage ratio | 6.6x |
| Cash | US$193.70m |
| Equity | US$1.25b |
| Total liabilities | US$1.10b |
| Total assets | US$2.35b |
Recent financial health updates
Is Dampskibsselskabet Norden (CPH:DNORD) A Risky Investment?
Dec 17
Does Dampskibsselskabet Norden (CPH:DNORD) Have A Healthy Balance Sheet?
Sep 06Here's Why Dampskibsselskabet Norden (CPH:DNORD) Can Manage Its Debt Responsibly
Jun 07Here's Why Dampskibsselskabet Norden (CPH:DNORD) Can Manage Its Debt Responsibly
Nov 26We Think Dampskibsselskabet Norden (CPH:DNORD) Can Manage Its Debt With Ease
Aug 10Dampskibsselskabet Norden (CPH:DNORD) Could Easily Take On More Debt
Apr 29Recent updates
Is Dampskibsselskabet Norden (CPH:DNORD) A Risky Investment?
Dec 17Dampskibsselskabet Norden A/S (CPH:DNORD) Might Not Be As Mispriced As It Looks
Oct 14Does Dampskibsselskabet Norden (CPH:DNORD) Have A Healthy Balance Sheet?
Sep 06Dampskibsselskabet Norden's (CPH:DNORD) Problems Go Beyond Poor Profit
Aug 16Dampskibsselskabet Norden (CPH:DNORD) Is Doing The Right Things To Multiply Its Share Price
Jul 12Here's Why Dampskibsselskabet Norden (CPH:DNORD) Can Manage Its Debt Responsibly
Jun 07Dampskibsselskabet Norden A/S (CPH:DNORD) Doing What It Can To Lift Shares
Apr 18Calculating The Intrinsic Value Of Dampskibsselskabet Norden A/S (CPH:DNORD)
Apr 03We Take A Look At Why Dampskibsselskabet Norden A/S' (CPH:DNORD) CEO Compensation Is Well Earned
Mar 06Dampskibsselskabet Norden's (CPH:DNORD) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Feb 15Returns On Capital Are A Standout For Dampskibsselskabet Norden (CPH:DNORD)
Jan 19Many Still Looking Away From Dampskibsselskabet Norden A/S (CPH:DNORD)
Jan 01Here's Why Dampskibsselskabet Norden (CPH:DNORD) Can Manage Its Debt Responsibly
Nov 26We Think Dampskibsselskabet Norden (CPH:DNORD) Might Have The DNA Of A Multi-Bagger
Oct 03We Think Dampskibsselskabet Norden (CPH:DNORD) Can Manage Its Debt With Ease
Aug 10Returns on Capital Paint A Bright Future For Dampskibsselskabet Norden (CPH:DNORD)
Jul 04Dampskibsselskabet Norden (CPH:DNORD) Could Easily Take On More Debt
Apr 29Dampskibsselskabet Norden (CPH:DNORD) Is Achieving High Returns On Its Capital
Mar 20Is Dampskibsselskabet Norden (CPH:DNORD) Using Too Much Debt?
Jan 04We Like Dampskibsselskabet Norden's (CPH:DNORD) Returns And Here's How They're Trending
Nov 19Dampskibsselskabet Norden (CPH:DNORD) Seems To Use Debt Rather Sparingly
Sep 15Under The Bonnet, Dampskibsselskabet Norden's (CPH:DNORD) Returns Look Impressive
Aug 19Dampskibsselskabet Norden (CPH:DNORD) Has Announced That It Will Be Increasing Its Dividend To kr.18.00
Mar 06Here's Why Dampskibsselskabet Norden (CPH:DNORD) Has A Meaningful Debt Burden
Feb 28Dampskibsselskabet Norden (CPH:DNORD) Is Looking To Continue Growing Its Returns On Capital
Feb 02What Is Dampskibsselskabet Norden A/S's (CPH:DNORD) Share Price Doing?
Nov 20Is Dampskibsselskabet Norden (CPH:DNORD) A Risky Investment?
Nov 04Dampskibsselskabet Norden (CPH:DNORD) Is Experiencing Growth In Returns On Capital
Aug 17Dampskibsselskabet Norden (CPH:DNORD) Has A Pretty Healthy Balance Sheet
Jul 19Financial Position Analysis
Short Term Liabilities: DNORD's short term assets ($977.4M) exceed its short term liabilities ($794.4M).
Long Term Liabilities: DNORD's short term assets ($977.4M) exceed its long term liabilities ($301.5M).
Debt to Equity History and Analysis
Debt Level: DNORD's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: DNORD's debt to equity ratio has reduced from 38.6% to 16.4% over the past 5 years.
Debt Coverage: DNORD's debt is well covered by operating cash flow (168.7%).
Interest Coverage: DNORD's interest payments on its debt are well covered by EBIT (6.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 02:36 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| 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 * |
|---|---|---|---|
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Dampskibsselskabet Norden A/S is covered by 18 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 |
|---|---|
| Casper Blom | ABG Sundal Collier |
| Glenn Lodden | ABN AMRO Bank N.V. |
| Hélène Coumes | AlphaValue |