Eik fasteignafélag hf Balance Sheet Health
Financial Health criteria checks 1/6
Eik fasteignafélag hf has a total shareholder equity of ISK49.0B and total debt of ISK75.6B, which brings its debt-to-equity ratio to 154.1%. Its total assets and total liabilities are ISK141.6B and ISK92.6B respectively. Eik fasteignafélag hf's EBIT is ISK7.1B making its interest coverage ratio 2.2. It has cash and short-term investments of ISK984.0M.
Key information
154.1%
Debt to equity ratio
Kr75.57b
Debt
| Interest coverage ratio | 2.2x |
| Cash | Kr984.00m |
| Equity | Kr49.02b |
| Total liabilities | Kr92.61b |
| Total assets | Kr141.63b |
Recent financial health updates
These 4 Measures Indicate That Eik fasteignafélag hf (ICE:EIK) Is Using Debt Extensively
May 24
Eik fasteignafélag hf (ICE:EIK) Use Of Debt Could Be Considered Risky
Jan 11
Recent updates
Eik fasteignafélag hf (ICE:EIK) Is Increasing Its Dividend To ISK0.74
Mar 29Eik fasteignafélag hf's (ICE:EIK) Anemic Earnings Might Be Worse Than You Think
Feb 06A Look At The Intrinsic Value Of Eik fasteignafélag hf. (ICE:EIK)
Jul 05Eik fasteignafélag hf (ICE:EIK) Will Pay A Larger Dividend Than Last Year At ISK0.59
Mar 11These 4 Measures Indicate That Eik fasteignafélag hf (ICE:EIK) Is Using Debt Extensively
May 24Looking For Steady Income For Your Dividend Portfolio? Is Eik fasteignafélag hf. (ICE:EIK) A Good Fit?
Apr 13The Eik fasteignafélag hf (ICE:EIK) Share Price Has Gained 51% And Shareholders Are Hoping For More
Mar 11Read This Before Judging Eik fasteignafélag hf.'s (ICE:EIK) ROE
Feb 22What Kind Of Investors Own Most Of Eik fasteignafélag hf. (ICE:EIK)?
Feb 01Eik fasteignafélag hf (ICE:EIK) Use Of Debt Could Be Considered Risky
Jan 11Reflecting on Eik fasteignafélag hf's (ICE:EIK) Share Price Returns Over The Last Three Years
Nov 29Financial Position Analysis
Short Term Liabilities: EIK's short term assets (ISK1.7B) do not cover its short term liabilities (ISK10.2B).
Long Term Liabilities: EIK's short term assets (ISK1.7B) do not cover its long term liabilities (ISK82.4B).
Debt to Equity History and Analysis
Debt Level: EIK's net debt to equity ratio (152.1%) is considered high.
Reducing Debt: EIK's debt to equity ratio has reduced from 188.2% to 154.1% over the past 5 years.
Debt Coverage: EIK's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: EIK's interest payments on its debt are not well covered by EBIT (2.2x coverage).