Scatec Balance Sheet Health
Financial Health criteria checks 1/6
Scatec has a total shareholder equity of NOK10.6B and total debt of NOK26.9B, which brings its debt-to-equity ratio to 254.4%. Its total assets and total liabilities are NOK41.8B and NOK31.2B respectively. Scatec's EBIT is NOK1.4B making its interest coverage ratio 0.9. It has cash and short-term investments of NOK3.1B.
Key information
254.4%
Debt to equity ratio
kr26.89b
Debt
Interest coverage ratio | 0.9x |
Cash | kr3.12b |
Equity | kr10.57b |
Total liabilities | kr31.22b |
Total assets | kr41.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0R3I's short term assets (NOK4.9B) do not cover its short term liabilities (NOK5.6B).
Long Term Liabilities: 0R3I's short term assets (NOK4.9B) do not cover its long term liabilities (NOK25.6B).
Debt to Equity History and Analysis
Debt Level: 0R3I's net debt to equity ratio (224.9%) is considered high.
Reducing Debt: 0R3I's debt to equity ratio has reduced from 421.6% to 254.4% over the past 5 years.
Debt Coverage: 0R3I's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: 0R3I's interest payments on its debt are not well covered by EBIT (0.9x coverage).