Arendals Fossekompani Balance Sheet Health
Financial Health criteria checks 3/6
Arendals Fossekompani has a total shareholder equity of NOK2.8B and total debt of NOK1.9B, which brings its debt-to-equity ratio to 67%. Its total assets and total liabilities are NOK7.5B and NOK4.7B respectively. Arendals Fossekompani's EBIT is NOK280.2M making its interest coverage ratio 1.7. It has cash and short-term investments of NOK967.0M.
Key information
67.0%
Debt to equity ratio
NOK 1.86b
Debt
| Interest coverage ratio | 1.7x |
| Cash | NOK 967.00m |
| Equity | NOK 2.78b |
| Total liabilities | NOK 4.69b |
| Total assets | NOK 7.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DHA's short term assets (NOK5.0B) exceed its short term liabilities (NOK2.8B).
Long Term Liabilities: 0DHA's short term assets (NOK5.0B) exceed its long term liabilities (NOK1.9B).
Debt to Equity History and Analysis
Debt Level: 0DHA's net debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: 0DHA's debt to equity ratio has increased from 33.6% to 67% over the past 5 years.
Debt Coverage: 0DHA's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: 0DHA's interest payments on its debt are not well covered by EBIT (1.7x coverage).