North Media Balance Sheet Health
Financial Health criteria checks 6/6
North Media has a total shareholder equity of DKK1.4B and total debt of DKK106.1M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are DKK1.8B and DKK473.1M respectively. North Media's EBIT is DKK134.9M making its interest coverage ratio -0.4. It has cash and short-term investments of DKK1.0B.
Key information
7.8%
Debt to equity ratio
DKK 106.10m
Debt
| Interest coverage ratio | -0.4x |
| Cash | DKK 1.01b |
| Equity | DKK 1.35b |
| Total liabilities | DKK 473.10m |
| Total assets | DKK 1.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MQ0's short term assets (DKK1.2B) exceed its short term liabilities (DKK304.1M).
Long Term Liabilities: 0MQ0's short term assets (DKK1.2B) exceed its long term liabilities (DKK169.0M).
Debt to Equity History and Analysis
Debt Level: 0MQ0 has more cash than its total debt.
Reducing Debt: 0MQ0's debt to equity ratio has reduced from 22.3% to 7.8% over the past 5 years.
Debt Coverage: 0MQ0's debt is well covered by operating cash flow (69.6%).
Interest Coverage: 0MQ0 earns more interest than it pays, so coverage of interest payments is not a concern.