Scandinavian Investment Group Balance Sheet Health
Financial Health criteria checks 4/6
Scandinavian Investment Group has a total shareholder equity of DKK191.2M and total debt of DKK113.6M, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are DKK311.6M and DKK120.4M respectively. Scandinavian Investment Group's EBIT is DKK34.1M making its interest coverage ratio -9. It has cash and short-term investments of DKK123.4M.
Key information
59.4%
Debt to equity ratio
DKK 113.60m
Debt
| Interest coverage ratio | -9x |
| Cash | DKK 123.40m |
| Equity | DKK 191.20m |
| Total liabilities | DKK 120.40m |
| Total assets | DKK 311.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NT0's short term assets (DKK125.4M) exceed its short term liabilities (DKK27.8M).
Long Term Liabilities: 0NT0's short term assets (DKK125.4M) exceed its long term liabilities (DKK92.6M).
Debt to Equity History and Analysis
Debt Level: 0NT0 has more cash than its total debt.
Reducing Debt: 0NT0's debt to equity ratio has increased from 6.3% to 59.4% over the past 5 years.
Debt Coverage: 0NT0's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: 0NT0 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/08/28 10:36 |
| End of Day Share Price | 2023/05/31 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Scandinavian Investment Group A/S is covered by 2 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Carsten Petersen | Nordea Markets |
| Steven Brooker | SEB |