North Media Balance Sheet Health
Financial Health criteria checks 6/6
North Media has a total shareholder equity of DKK959.5M and total debt of DKK117.0M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are DKK1.2B and DKK240.5M respectively. North Media's EBIT is DKK248.5M making its interest coverage ratio -2.5. It has cash and short-term investments of DKK734.6M.
Key information
12.2%
Debt to equity ratio
DKK 117.00m
Debt
| Interest coverage ratio | -2.5x |
| Cash | DKK 734.60m |
| Equity | DKK 959.50m |
| Total liabilities | DKK 240.50m |
| Total assets | DKK 1.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NORTHC's short term assets (DKK847.2M) exceed its short term liabilities (DKK118.5M).
Long Term Liabilities: NORTHC's short term assets (DKK847.2M) exceed its long term liabilities (DKK122.0M).
Debt to Equity History and Analysis
Debt Level: NORTHC has more cash than its total debt.
Reducing Debt: NORTHC's debt to equity ratio has reduced from 31.1% to 12.2% over the past 5 years.
Debt Coverage: NORTHC's debt is well covered by operating cash flow (142%).
Interest Coverage: NORTHC earns more interest than it pays, so coverage of interest payments is not a concern.