Europris Balance Sheet Health
Financial Health criteria checks 5/6
Europris has a total shareholder equity of NOK3.7B and total debt of NOK1.7B, which brings its debt-to-equity ratio to 46.5%. Its total assets and total liabilities are NOK11.0B and NOK7.3B respectively. Europris's EBIT is NOK1.2B making its interest coverage ratio 6.2. It has cash and short-term investments of NOK94.5M.
Key information
46.5%
Debt to equity ratio
NOK 1.71b
Debt
| Interest coverage ratio | 6.2x |
| Cash | NOK 94.45m |
| Equity | NOK 3.67b |
| Total liabilities | NOK 7.33b |
| Total assets | NOK 11.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EPRO's short term assets (NOK4.0B) exceed its short term liabilities (NOK3.6B).
Long Term Liabilities: EPRO's short term assets (NOK4.0B) exceed its long term liabilities (NOK3.7B).
Debt to Equity History and Analysis
Debt Level: EPRO's net debt to equity ratio (43.9%) is considered high.
Reducing Debt: EPRO's debt to equity ratio has reduced from 100.4% to 46.5% over the past 5 years.
Debt Coverage: EPRO's debt is well covered by operating cash flow (81.9%).
Interest Coverage: EPRO's interest payments on its debt are well covered by EBIT (6.2x coverage).