Schibsted Balance Sheet Health
Financial Health criteria checks 6/6
Schibsted has a total shareholder equity of NOK45.0B and total debt of NOK5.2B, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are NOK58.4B and NOK13.4B respectively. Schibsted's EBIT is NOK1.2B making its interest coverage ratio 3.9. It has cash and short-term investments of NOK263.0M.
Key information
11.5%
Debt to equity ratio
kr5.16b
Debt
Interest coverage ratio | 3.9x |
Cash | kr263.00m |
Equity | kr44.97b |
Total liabilities | kr13.39b |
Total assets | kr58.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0R9I's short term assets (NOK42.0B) exceed its short term liabilities (NOK4.7B).
Long Term Liabilities: 0R9I's short term assets (NOK42.0B) exceed its long term liabilities (NOK8.7B).
Debt to Equity History and Analysis
Debt Level: 0R9I's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: 0R9I's debt to equity ratio has reduced from 27.1% to 11.5% over the past 5 years.
Debt Coverage: 0R9I's debt is well covered by operating cash flow (31%).
Interest Coverage: 0R9I's interest payments on its debt are well covered by EBIT (3.9x coverage).