Dampskibsselskabet Norden Balance Sheet Health
Financial Health criteria checks 6/6
Dampskibsselskabet Norden has a total shareholder equity of $1.2B and total debt of $182.6M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are $2.3B and $1.1B respectively. Dampskibsselskabet Norden's EBIT is $248.4M making its interest coverage ratio 12.4. It has cash and short-term investments of $441.8M.
Key information
14.9%
Debt to equity ratio
US$182.60m
Debt
Interest coverage ratio | 12.4x |
Cash | US$441.80m |
Equity | US$1.22b |
Total liabilities | US$1.10b |
Total assets | US$2.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HDP's short term assets ($1.3B) exceed its short term liabilities ($850.6M).
Long Term Liabilities: 0HDP's short term assets ($1.3B) exceed its long term liabilities ($254.0M).
Debt to Equity History and Analysis
Debt Level: 0HDP has more cash than its total debt.
Reducing Debt: 0HDP's debt to equity ratio has reduced from 38.7% to 14.9% over the past 5 years.
Debt Coverage: 0HDP's debt is well covered by operating cash flow (260%).
Interest Coverage: 0HDP's interest payments on its debt are well covered by EBIT (12.4x coverage).