Norsk Hydro Balance Sheet Health
Financial Health criteria checks 5/6
Norsk Hydro has a total shareholder equity of NOK111.7B and total debt of NOK39.2B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are NOK213.1B and NOK101.4B respectively. Norsk Hydro's EBIT is NOK38.1B making its interest coverage ratio 50.3. It has cash and short-term investments of NOK24.6B.
Key information
35.0%
Debt to equity ratio
kr39.17b
Debt
Interest coverage ratio | 50.3x |
Cash | kr24.59b |
Equity | kr111.75b |
Total liabilities | kr101.38b |
Total assets | kr213.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NHYO's short term assets (NOK84.3B) exceed its short term liabilities (NOK42.9B).
Long Term Liabilities: NHYO's short term assets (NOK84.3B) exceed its long term liabilities (NOK58.5B).
Debt to Equity History and Analysis
Debt Level: NHYO's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: NHYO's debt to equity ratio has increased from 21.8% to 35% over the past 5 years.
Debt Coverage: NHYO's debt is well covered by operating cash flow (47.1%).
Interest Coverage: NHYO's interest payments on its debt are well covered by EBIT (50.3x coverage).