Brødrene A & O Johansen Balance Sheet Health
Financial Health criteria checks 5/6
Brødrene A & O Johansen has a total shareholder equity of DKK1.4B and total debt of DKK661.6M, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are DKK3.3B and DKK1.9B respectively. Brødrene A & O Johansen's EBIT is DKK243.4M making its interest coverage ratio 9.9. It has cash and short-term investments of DKK44.7M.
Key information
47.3%
Debt to equity ratio
kr.661.58m
Debt
Interest coverage ratio | 9.9x |
Cash | kr.44.68m |
Equity | kr.1.40b |
Total liabilities | kr.1.91b |
Total assets | kr.3.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RNT's short term assets (DKK1.5B) exceed its short term liabilities (DKK1.4B).
Long Term Liabilities: 0RNT's short term assets (DKK1.5B) exceed its long term liabilities (DKK524.6M).
Debt to Equity History and Analysis
Debt Level: 0RNT's net debt to equity ratio (44.1%) is considered high.
Reducing Debt: 0RNT's debt to equity ratio has reduced from 84.5% to 47.3% over the past 5 years.
Debt Coverage: 0RNT's debt is well covered by operating cash flow (67.5%).
Interest Coverage: 0RNT's interest payments on its debt are well covered by EBIT (9.9x coverage).