Brødrene A & O Johansen Balance Sheet Health
Financial Health criteria checks 5/6
Brødrene A & O Johansen has a total shareholder equity of DKK1.3B and total debt of DKK676.5M, which brings its debt-to-equity ratio to 51.1%. Its total assets and total liabilities are DKK3.3B and DKK2.0B respectively. Brødrene A & O Johansen's EBIT is DKK354.1M making its interest coverage ratio 37.4. It has cash and short-term investments of DKK25.2M.
Key information
51.1%
Debt to equity ratio
kr.676.54m
Debt
Interest coverage ratio | 37.4x |
Cash | kr.25.17m |
Equity | kr.1.32b |
Total liabilities | kr.1.98b |
Total assets | kr.3.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AOJBC's short term assets (DKK1.6B) exceed its short term liabilities (DKK1.4B).
Long Term Liabilities: AOJBC's short term assets (DKK1.6B) exceed its long term liabilities (DKK558.1M).
Debt to Equity History and Analysis
Debt Level: AOJBC's net debt to equity ratio (49.2%) is considered high.
Reducing Debt: AOJBC's debt to equity ratio has reduced from 113.1% to 51.1% over the past 5 years.
Debt Coverage: AOJBC's debt is well covered by operating cash flow (42.1%).
Interest Coverage: AOJBC's interest payments on its debt are well covered by EBIT (37.4x coverage).