Orkla Balance Sheet Health
Financial Health criteria checks 5/6
Orkla has a total shareholder equity of NOK49.4B and total debt of NOK18.3B, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are NOK89.2B and NOK39.9B respectively. Orkla's EBIT is NOK7.4B making its interest coverage ratio 7.5. It has cash and short-term investments of NOK1.1B.
Key information
37.1%
Debt to equity ratio
NOK 18.33b
Debt
| Interest coverage ratio | 7.5x |
| Cash | NOK 1.15b |
| Equity | NOK 49.38b |
| Total liabilities | NOK 39.86b |
| Total assets | NOK 89.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORKO's short term assets (NOK22.6B) exceed its short term liabilities (NOK17.4B).
Long Term Liabilities: ORKO's short term assets (NOK22.6B) exceed its long term liabilities (NOK22.5B).
Debt to Equity History and Analysis
Debt Level: ORKO's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: ORKO's debt to equity ratio has increased from 24.6% to 37.1% over the past 5 years.
Debt Coverage: ORKO's debt is well covered by operating cash flow (47.8%).
Interest Coverage: ORKO's interest payments on its debt are well covered by EBIT (7.5x coverage).