Heimar hf Balance Sheet Health
Financial Health criteria checks 1/6
Heimar hf has a total shareholder equity of ISK62.0B and total debt of ISK118.2B, which brings its debt-to-equity ratio to 190.5%. Its total assets and total liabilities are ISK199.9B and ISK137.9B respectively. Heimar hf's EBIT is ISK10.4B making its interest coverage ratio 3.7. It has cash and short-term investments of ISK2.3B.
Key information
190.5%
Debt to equity ratio
ISK 118.17b
Debt
| Interest coverage ratio | 3.7x |
| Cash | ISK 2.27b |
| Equity | ISK 62.04b |
| Total liabilities | ISK 137.89b |
| Total assets | ISK 199.93b |
Recent financial health updates
We Think Reginn hf (ICE:REGINN) Is Taking Some Risk With Its Debt
Jan 07
Here's Why Reginn hf (ICE:REGINN) Is Weighed Down By Its Debt Load
Mar 05Recent updates
Heimar hf. (ICE:HEIMAR) Might Not Be As Mispriced As It Looks
Aug 21Reginn hf's (ICE:REGINN) Solid Profits Have Weak Fundamentals
Feb 22We Think Reginn hf (ICE:REGINN) Is Taking Some Risk With Its Debt
Jan 07Here's Why Reginn hf (ICE:REGINN) Is Weighed Down By Its Debt Load
Mar 05If You Had Bought Reginn hf (ICE:REGINN) Shares Five Years Ago You'd Have Earned 14% Returns
Feb 03Should You Be Worried About Reginn hf.'s (ICE:REGINN) 2.4% Return On Equity?
Jan 14
What Kind Of Shareholders Hold The Majority In Reginn hf.'s (ICE:REGINN) Shares?
Dec 24Are Reginn hf's (ICE:REGINN) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 03Financial Position Analysis
Short Term Liabilities: HEIMAR's short term assets (ISK3.3B) do not cover its short term liabilities (ISK5.8B).
Long Term Liabilities: HEIMAR's short term assets (ISK3.3B) do not cover its long term liabilities (ISK132.0B).
Debt to Equity History and Analysis
Debt Level: HEIMAR's net debt to equity ratio (186.8%) is considered high.
Reducing Debt: HEIMAR's debt to equity ratio has increased from 186.3% to 190.5% over the past 5 years.
Debt Coverage: HEIMAR's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: HEIMAR's interest payments on its debt are well covered by EBIT (3.7x coverage).