Ørsted Balance Sheet Health
Financial Health criteria checks 3/6
Ørsted has a total shareholder equity of DKK83.3B and total debt of DKK86.6B, which brings its debt-to-equity ratio to 103.9%. Its total assets and total liabilities are DKK290.4B and DKK207.1B respectively. Ørsted's EBIT is DKK13.4B making its interest coverage ratio 14. It has cash and short-term investments of DKK44.4B.
Key information
103.9%
Debt to equity ratio
kr.86.57b
Debt
Interest coverage ratio | 14x |
Cash | kr.44.43b |
Equity | kr.83.33b |
Total liabilities | kr.207.06b |
Total assets | kr.290.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RHE's short term assets (DKK86.1B) exceed its short term liabilities (DKK62.8B).
Long Term Liabilities: 0RHE's short term assets (DKK86.1B) do not cover its long term liabilities (DKK144.2B).
Debt to Equity History and Analysis
Debt Level: 0RHE's net debt to equity ratio (50.6%) is considered high.
Reducing Debt: 0RHE's debt to equity ratio has increased from 37.1% to 103.9% over the past 5 years.
Debt Coverage: 0RHE's debt is well covered by operating cash flow (25.4%).
Interest Coverage: 0RHE's interest payments on its debt are well covered by EBIT (14x coverage).