LINK Mobility Group Holding Balance Sheet Health
Financial Health criteria checks 3/6
LINK Mobility Group Holding has a total shareholder equity of NOK5.5B and total debt of NOK4.2B, which brings its debt-to-equity ratio to 76.3%. Its total assets and total liabilities are NOK11.6B and NOK6.1B respectively. LINK Mobility Group Holding's EBIT is NOK204.5M making its interest coverage ratio 2.3. It has cash and short-term investments of NOK2.5B.
Key information
76.3%
Debt to equity ratio
NOK 4.19b
Debt
| Interest coverage ratio | 2.3x |
| Cash | NOK 2.52b |
| Equity | NOK 5.50b |
| Total liabilities | NOK 6.06b |
| Total assets | NOK 11.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LINKO's short term assets (NOK4.3B) exceed its short term liabilities (NOK1.6B).
Long Term Liabilities: LINKO's short term assets (NOK4.3B) do not cover its long term liabilities (NOK4.5B).
Debt to Equity History and Analysis
Debt Level: LINKO's net debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: LINKO's debt to equity ratio has reduced from 95.2% to 76.3% over the past 5 years.
Debt Coverage: LINKO's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: LINKO's interest payments on its debt are not well covered by EBIT (2.3x coverage).