AF Gruppen Balance Sheet Health
Financial Health criteria checks 4/6
AF Gruppen has a total shareholder equity of NOK3.2B and total debt of NOK326.0M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are NOK14.6B and NOK11.4B respectively. AF Gruppen's EBIT is NOK735.0M making its interest coverage ratio 12.9. It has cash and short-term investments of NOK347.0M.
Key information
10.2%
Debt to equity ratio
kr326.00m
Debt
Interest coverage ratio | 12.9x |
Cash | kr347.00m |
Equity | kr3.20b |
Total liabilities | kr11.44b |
Total assets | kr14.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DH7's short term assets (NOK6.2B) do not cover its short term liabilities (NOK10.1B).
Long Term Liabilities: 0DH7's short term assets (NOK6.2B) exceed its long term liabilities (NOK1.3B).
Debt to Equity History and Analysis
Debt Level: 0DH7 has more cash than its total debt.
Reducing Debt: 0DH7's debt to equity ratio has increased from 1.9% to 10.2% over the past 5 years.
Debt Coverage: 0DH7's debt is well covered by operating cash flow (476.1%).
Interest Coverage: 0DH7's interest payments on its debt are well covered by EBIT (12.9x coverage).