Scandinavian Tobacco Group Balance Sheet Health
Financial Health criteria checks 4/6
Scandinavian Tobacco Group has a total shareholder equity of DKK9.4B and total debt of DKK3.7B, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are DKK15.9B and DKK6.4B respectively. Scandinavian Tobacco Group's EBIT is DKK1.7B making its interest coverage ratio 11.6. It has cash and short-term investments of DKK99.6M.
Key information
38.8%
Debt to equity ratio
kr.3.66b
Debt
Interest coverage ratio | 11.6x |
Cash | kr.99.60m |
Equity | kr.9.43b |
Total liabilities | kr.6.42b |
Total assets | kr.15.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RES's short term assets (DKK4.6B) exceed its short term liabilities (DKK1.6B).
Long Term Liabilities: 0RES's short term assets (DKK4.6B) do not cover its long term liabilities (DKK4.9B).
Debt to Equity History and Analysis
Debt Level: 0RES's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: 0RES's debt to equity ratio has increased from 30.1% to 38.8% over the past 5 years.
Debt Coverage: 0RES's debt is well covered by operating cash flow (36.8%).
Interest Coverage: 0RES's interest payments on its debt are well covered by EBIT (11.6x coverage).