Alm. Brand Balance Sheet Health
Financial Health criteria checks 4/6
Alm. Brand has a total shareholder equity of DKK14.0B and total debt of DKK1.6B, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are DKK37.2B and DKK23.2B respectively. Alm. Brand's EBIT is DKK2.1B making its interest coverage ratio 5.4. It has cash and short-term investments of DKK528.0M.
Key information
11.7%
Debt to equity ratio
kr.1.63b
Debt
Interest coverage ratio | 5.4x |
Cash | kr.528.00m |
Equity | kr.14.00b |
Total liabilities | kr.23.19b |
Total assets | kr.37.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DJI's short term assets (DKK972.0M) exceed its short term liabilities (DKK201.0M).
Long Term Liabilities: 0DJI's short term assets (DKK972.0M) do not cover its long term liabilities (DKK23.0B).
Debt to Equity History and Analysis
Debt Level: 0DJI's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: 0DJI's debt to equity ratio has reduced from 25.3% to 11.7% over the past 5 years.
Debt Coverage: 0DJI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0DJI's interest payments on its debt are well covered by EBIT (5.4x coverage).