DFDS Balance Sheet Health
Financial Health criteria checks 3/6
DFDS has a total shareholder equity of DKK13.9B and total debt of DKK9.4B, which brings its debt-to-equity ratio to 67.5%. Its total assets and total liabilities are DKK34.9B and DKK21.0B respectively. DFDS's EBIT is DKK2.2B making its interest coverage ratio 3.5. It has cash and short-term investments of DKK737.0M.
Key information
67.5%
Debt to equity ratio
kr.9.40b
Debt
Interest coverage ratio | 3.5x |
Cash | kr.737.00m |
Equity | kr.13.92b |
Total liabilities | kr.20.96b |
Total assets | kr.34.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RB3's short term assets (DKK6.0B) do not cover its short term liabilities (DKK7.2B).
Long Term Liabilities: 0RB3's short term assets (DKK6.0B) do not cover its long term liabilities (DKK13.8B).
Debt to Equity History and Analysis
Debt Level: 0RB3's net debt to equity ratio (62.2%) is considered high.
Reducing Debt: 0RB3's debt to equity ratio has reduced from 96.9% to 67.5% over the past 5 years.
Debt Coverage: 0RB3's debt is well covered by operating cash flow (40.6%).
Interest Coverage: 0RB3's interest payments on its debt are well covered by EBIT (3.5x coverage).