DFDS Balance Sheet Health
Financial Health criteria checks 3/6
DFDS has a total shareholder equity of DKK14.3B and total debt of DKK10.8B, which brings its debt-to-equity ratio to 75.8%. Its total assets and total liabilities are DKK36.7B and DKK22.5B respectively. DFDS's EBIT is DKK1.7B making its interest coverage ratio 2.3. It has cash and short-term investments of DKK1.1B.
Key information
75.8%
Debt to equity ratio
DKK 10.82b
Debt
| Interest coverage ratio | 2.3x |
| Cash | DKK 1.13b |
| Equity | DKK 14.27b |
| Total liabilities | DKK 22.46b |
| Total assets | DKK 36.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RB3's short term assets (DKK7.1B) exceed its short term liabilities (DKK6.6B).
Long Term Liabilities: 0RB3's short term assets (DKK7.1B) do not cover its long term liabilities (DKK15.9B).
Debt to Equity History and Analysis
Debt Level: 0RB3's net debt to equity ratio (67.9%) is considered high.
Reducing Debt: 0RB3's debt to equity ratio has reduced from 91.5% to 75.8% over the past 5 years.
Debt Coverage: 0RB3's debt is well covered by operating cash flow (32.5%).
Interest Coverage: 0RB3's interest payments on its debt are not well covered by EBIT (2.3x coverage).