Ölgerðin Egill Skallagrímsson hf Balance Sheet Health
Financial Health criteria checks 5/6
Ölgerðin Egill Skallagrímsson hf has a total shareholder equity of ISK15.0B and total debt of ISK7.1B, which brings its debt-to-equity ratio to 47.4%. Its total assets and total liabilities are ISK30.7B and ISK15.6B respectively. Ölgerðin Egill Skallagrímsson hf's EBIT is ISK4.5B making its interest coverage ratio 5. It has cash and short-term investments of ISK1.5B.
Key information
47.4%
Debt to equity ratio
Kr7.13b
Debt
Interest coverage ratio | 5x |
Cash | Kr1.52b |
Equity | Kr15.05b |
Total liabilities | Kr15.62b |
Total assets | Kr30.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OLGERD's short term assets (ISK8.3B) do not cover its short term liabilities (ISK8.5B).
Long Term Liabilities: OLGERD's short term assets (ISK8.3B) exceed its long term liabilities (ISK7.1B).
Debt to Equity History and Analysis
Debt Level: OLGERD's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: OLGERD's debt to equity ratio has reduced from 219.2% to 47.4% over the past 5 years.
Debt Coverage: OLGERD's debt is well covered by operating cash flow (54.6%).
Interest Coverage: OLGERD's interest payments on its debt are well covered by EBIT (5x coverage).