Carlsberg Balance Sheet Health
Financial Health criteria checks 3/6
Carlsberg has a total shareholder equity of DKK37.7B and total debt of DKK31.4B, which brings its debt-to-equity ratio to 83.3%. Its total assets and total liabilities are DKK128.3B and DKK90.6B respectively. Carlsberg's EBIT is DKK11.7B making its interest coverage ratio 37.4. It has cash and short-term investments of DKK13.3B.
Key information
83.3%
Debt to equity ratio
DKK 31.41b
Debt
| Interest coverage ratio | 37.4x |
| Cash | DKK 13.29b |
| Equity | DKK 37.71b |
| Total liabilities | DKK 90.56b |
| Total assets | DKK 128.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CARLAC's short term assets (DKK46.5B) do not cover its short term liabilities (DKK58.2B).
Long Term Liabilities: CARLAC's short term assets (DKK46.5B) exceed its long term liabilities (DKK32.4B).
Debt to Equity History and Analysis
Debt Level: CARLAC's net debt to equity ratio (48.1%) is considered high.
Reducing Debt: CARLAC's debt to equity ratio has increased from 56.2% to 83.3% over the past 5 years.
Debt Coverage: CARLAC's debt is well covered by operating cash flow (50.6%).
Interest Coverage: CARLAC's interest payments on its debt are well covered by EBIT (37.4x coverage).