Ørsted Balance Sheet Health
Financial Health criteria checks 2/6
Ørsted has a total shareholder equity of DKK91.1B and total debt of DKK93.8B, which brings its debt-to-equity ratio to 103%. Its total assets and total liabilities are DKK290.3B and DKK199.2B respectively. Ørsted's EBIT is DKK15.2B making its interest coverage ratio 5.7. It has cash and short-term investments of DKK39.4B.
Key information
103.0%
Debt to equity ratio
DKK 93.84b
Debt
| Interest coverage ratio | 5.7x |
| Cash | DKK 39.40b |
| Equity | DKK 91.13b |
| Total liabilities | DKK 199.21b |
| Total assets | DKK 290.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORSTEC's short term assets (DKK77.5B) exceed its short term liabilities (DKK57.8B).
Long Term Liabilities: ORSTEC's short term assets (DKK77.5B) do not cover its long term liabilities (DKK141.4B).
Debt to Equity History and Analysis
Debt Level: ORSTEC's net debt to equity ratio (59.7%) is considered high.
Reducing Debt: ORSTEC's debt to equity ratio has increased from 44.1% to 103% over the past 5 years.
Debt Coverage: ORSTEC's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: ORSTEC's interest payments on its debt are well covered by EBIT (5.7x coverage).