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
No 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.