Sats Balance Sheet Health
Financial Health criteria checks 2/6
Sats has a total shareholder equity of NOK1.1B and total debt of NOK1.7B, which brings its debt-to-equity ratio to 151.6%. Its total assets and total liabilities are NOK9.1B and NOK8.0B respectively. Sats's EBIT is NOK635.0M making its interest coverage ratio 2.5. It has cash and short-term investments of NOK315.0M.
Key information
151.6%
Debt to equity ratio
NOK 1.67b
Debt
| Interest coverage ratio | 2.5x |
| Cash | NOK 315.00m |
| Equity | NOK 1.10b |
| Total liabilities | NOK 8.03b |
| Total assets | NOK 9.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SATSO's short term assets (NOK823.0M) do not cover its short term liabilities (NOK2.2B).
Long Term Liabilities: SATSO's short term assets (NOK823.0M) do not cover its long term liabilities (NOK5.9B).
Debt to Equity History and Analysis
Debt Level: SATSO's net debt to equity ratio (123%) is considered high.
Reducing Debt: SATSO's debt to equity ratio has reduced from 710.5% to 151.6% over the past 5 years.
Debt Coverage: SATSO's debt is well covered by operating cash flow (110%).
Interest Coverage: SATSO's interest payments on its debt are not well covered by EBIT (2.5x coverage).