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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/01/24 15:53 |
| End of Day Share Price | 2022/10/27 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Carlsberg A/S is covered by 57 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Vitfell-Rasmussen | ABG Sundal Collier |
| Anthony Bucalo | Banco Santander |
| Laurence Whyatt | Barclays |