Brødrene Hartmann Balance Sheet Health
Financial Health criteria checks 5/6
Brødrene Hartmann has a total shareholder equity of DKK1.3B and total debt of DKK973.6M, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are DKK3.0B and DKK1.7B respectively. Brødrene Hartmann's EBIT is DKK356.1M making its interest coverage ratio 7.6. It has cash and short-term investments of DKK171.8M.
Key information
74.5%
Debt to equity ratio
kr.973.60m
Debt
Interest coverage ratio | 7.6x |
Cash | kr.171.80m |
Equity | kr.1.31b |
Total liabilities | kr.1.67b |
Total assets | kr.2.98b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HARTC's short term assets (DKK1.3B) exceed its short term liabilities (DKK760.8M).
Long Term Liabilities: HARTC's short term assets (DKK1.3B) exceed its long term liabilities (DKK911.0M).
Debt to Equity History and Analysis
Debt Level: HARTC's net debt to equity ratio (61.4%) is considered high.
Reducing Debt: HARTC's debt to equity ratio has reduced from 81.3% to 74.5% over the past 5 years.
Debt Coverage: HARTC's debt is well covered by operating cash flow (38.6%).
Interest Coverage: HARTC's interest payments on its debt are well covered by EBIT (7.6x coverage).