Olav Thon Eiendomsselskap Balance Sheet Health
Financial Health criteria checks 2/6
Olav Thon Eiendomsselskap has a total shareholder equity of NOK30.4B and total debt of NOK21.0B, which brings its debt-to-equity ratio to 69%. Its total assets and total liabilities are NOK60.5B and NOK30.1B respectively. Olav Thon Eiendomsselskap's EBIT is NOK3.1B making its interest coverage ratio 3.7. It has cash and short-term investments of NOK225.0M.
Key information
69.0%
Debt to equity ratio
kr21.01b
Debt
Interest coverage ratio | 3.7x |
Cash | kr225.00m |
Equity | kr30.44b |
Total liabilities | kr30.07b |
Total assets | kr60.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0FHP's short term assets (NOK1.4B) do not cover its short term liabilities (NOK3.2B).
Long Term Liabilities: 0FHP's short term assets (NOK1.4B) do not cover its long term liabilities (NOK26.9B).
Debt to Equity History and Analysis
Debt Level: 0FHP's net debt to equity ratio (68.3%) is considered high.
Reducing Debt: 0FHP's debt to equity ratio has reduced from 86.1% to 69% over the past 5 years.
Debt Coverage: 0FHP's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: 0FHP's interest payments on its debt are well covered by EBIT (3.7x coverage).