P/F Bakkafrost Balance Sheet Health
Financial Health criteria checks 5/6
P/F Bakkafrost has a total shareholder equity of DKK11.3B and total debt of DKK3.8B, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are DKK18.3B and DKK6.9B respectively. P/F Bakkafrost's EBIT is DKK1.2B making its interest coverage ratio 6.4. It has cash and short-term investments of DKK572.2M.
Key information
33.2%
Debt to equity ratio
kr.3.75b
Debt
Interest coverage ratio | 6.4x |
Cash | kr.572.19m |
Equity | kr.11.32b |
Total liabilities | kr.6.94b |
Total assets | kr.18.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAKKAO's short term assets (DKK6.2B) exceed its short term liabilities (DKK848.6M).
Long Term Liabilities: BAKKAO's short term assets (DKK6.2B) exceed its long term liabilities (DKK6.1B).
Debt to Equity History and Analysis
Debt Level: BAKKAO's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: BAKKAO's debt to equity ratio has increased from 20.1% to 33.2% over the past 5 years.
Debt Coverage: BAKKAO's debt is well covered by operating cash flow (30%).
Interest Coverage: BAKKAO's interest payments on its debt are well covered by EBIT (6.4x coverage).