H. Lundbeck Balance Sheet Health
Financial Health criteria checks 5/6
H. Lundbeck has a total shareholder equity of DKK23.2B and total debt of DKK3.7B, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are DKK39.1B and DKK15.9B respectively. H. Lundbeck's EBIT is DKK3.5B making its interest coverage ratio -17.7. It has cash and short-term investments of DKK6.2B.
Key information
16.0%
Debt to equity ratio
DKK 3.72b
Debt
Interest coverage ratio | -17.7x |
Cash | DKK 6.15b |
Equity | DKK 23.22b |
Total liabilities | DKK 15.87b |
Total assets | DKK 39.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLUNBC's short term assets (DKK15.2B) exceed its short term liabilities (DKK8.1B).
Long Term Liabilities: HLUNBC's short term assets (DKK15.2B) exceed its long term liabilities (DKK7.8B).
Debt to Equity History and Analysis
Debt Level: HLUNBC has more cash than its total debt.
Reducing Debt: HLUNBC's debt to equity ratio has increased from 4.8% to 16% over the past 5 years.
Debt Coverage: HLUNBC's debt is well covered by operating cash flow (124%).
Interest Coverage: HLUNBC earns more interest than it pays, so coverage of interest payments is not a concern.