Telenor Balance Sheet Health
Financial Health criteria checks 3/6
Telenor has a total shareholder equity of NOK80.1B and total debt of NOK78.0B, which brings its debt-to-equity ratio to 97.4%. Its total assets and total liabilities are NOK223.5B and NOK143.4B respectively. Telenor's EBIT is NOK19.7B making its interest coverage ratio 6.1. It has cash and short-term investments of NOK10.0B.
Key information
97.4%
Debt to equity ratio
NOK 77.97b
Debt
| Interest coverage ratio | 6.1x |
| Cash | NOK 10.03b |
| Equity | NOK 80.07b |
| Total liabilities | NOK 143.39b |
| Total assets | NOK 223.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TELO's short term assets (NOK27.4B) do not cover its short term liabilities (NOK44.8B).
Long Term Liabilities: TELO's short term assets (NOK27.4B) do not cover its long term liabilities (NOK98.6B).
Debt to Equity History and Analysis
Debt Level: TELO's net debt to equity ratio (84.8%) is considered high.
Reducing Debt: TELO's debt to equity ratio has reduced from 112.6% to 97.4% over the past 5 years.
Debt Coverage: TELO's debt is well covered by operating cash flow (37.9%).
Interest Coverage: TELO's interest payments on its debt are well covered by EBIT (6.1x coverage).