Austevoll Seafood Balance Sheet Health
Financial Health criteria checks 5/6
Austevoll Seafood has a total shareholder equity of NOK27.0B and total debt of NOK11.0B, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are NOK53.0B and NOK25.9B respectively. Austevoll Seafood's EBIT is NOK3.3B making its interest coverage ratio 6.2. It has cash and short-term investments of NOK5.5B.
Key information
40.7%
Debt to equity ratio
kr11.01b
Debt
Interest coverage ratio | 6.2x |
Cash | kr5.48b |
Equity | kr27.04b |
Total liabilities | kr25.95b |
Total assets | kr52.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DNW's short term assets (NOK22.8B) exceed its short term liabilities (NOK8.8B).
Long Term Liabilities: 0DNW's short term assets (NOK22.8B) exceed its long term liabilities (NOK17.2B).
Debt to Equity History and Analysis
Debt Level: 0DNW's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: 0DNW's debt to equity ratio has increased from 31.9% to 40.7% over the past 5 years.
Debt Coverage: 0DNW's debt is well covered by operating cash flow (29.1%).
Interest Coverage: 0DNW's interest payments on its debt are well covered by EBIT (6.2x coverage).