Ørsted Balance Sheet Health
Financial Health criteria checks 3/6
Ørsted has a total shareholder equity of DKK83.4B and total debt of DKK81.6B, which brings its debt-to-equity ratio to 97.9%. Its total assets and total liabilities are DKK286.0B and DKK202.6B respectively. Ørsted's EBIT is DKK17.5B making its interest coverage ratio 6.4. It has cash and short-term investments of DKK40.3B.
Key information
97.9%
Debt to equity ratio
DKK 81.61b
Debt
| Interest coverage ratio | 6.4x |
| Cash | DKK 40.35b |
| Equity | DKK 83.37b |
| Total liabilities | DKK 202.63b |
| Total assets | DKK 286.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORSTEC's short term assets (DKK80.7B) exceed its short term liabilities (DKK54.6B).
Long Term Liabilities: ORSTEC's short term assets (DKK80.7B) do not cover its long term liabilities (DKK148.0B).
Debt to Equity History and Analysis
Debt Level: ORSTEC's net debt to equity ratio (49.5%) is considered high.
Reducing Debt: ORSTEC's debt to equity ratio has increased from 37.8% to 97.9% over the past 5 years.
Debt Coverage: ORSTEC's debt is well covered by operating cash flow (31.4%).
Interest Coverage: ORSTEC's interest payments on its debt are well covered by EBIT (6.4x coverage).