LINK Mobility Group Holding Balance Sheet Health
Financial Health criteria checks 4/6
LINK Mobility Group Holding has a total shareholder equity of NOK5.5B and total debt of NOK4.4B, which brings its debt-to-equity ratio to 79.4%. Its total assets and total liabilities are NOK11.7B and NOK6.2B respectively. LINK Mobility Group Holding's EBIT is NOK221.8M making its interest coverage ratio 3.3. It has cash and short-term investments of NOK2.5B.
Key information
79.4%
Debt to equity ratio
NOK 4.38b
Debt
| Interest coverage ratio | 3.3x |
| Cash | NOK 2.49b |
| Equity | NOK 5.52b |
| Total liabilities | NOK 6.16b |
| Total assets | NOK 11.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LINKO's short term assets (NOK4.2B) exceed its short term liabilities (NOK1.6B).
Long Term Liabilities: LINKO's short term assets (NOK4.2B) do not cover its long term liabilities (NOK4.6B).
Debt to Equity History and Analysis
Debt Level: LINKO's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: LINKO's debt to equity ratio has reduced from 102.2% to 79.4% over the past 5 years.
Debt Coverage: LINKO's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: LINKO's interest payments on its debt are well covered by EBIT (3.3x coverage).