Heimar hf Balance Sheet Health
Financial Health criteria checks 0/6
Heimar hf has a total shareholder equity of ISK63.1B and total debt of ISK120.4B, which brings its debt-to-equity ratio to 191%. Its total assets and total liabilities are ISK203.5B and ISK140.5B respectively. Heimar hf's EBIT is ISK10.4B making its interest coverage ratio 2.5. It has cash and short-term investments of ISK4.1B.
Key information
191.0%
Debt to equity ratio
ISK 120.43b
Debt
| Interest coverage ratio | 2.5x |
| Cash | ISK 4.14b |
| Equity | ISK 63.06b |
| Total liabilities | ISK 140.49b |
| Total assets | ISK 203.55b |
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
Why Heimar hf's (ICE:HEIMAR) Shaky Earnings Are Just The Beginning Of Its Problems
Sep 05Heimar 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 (ISK4.9B) do not cover its short term liabilities (ISK7.1B).
Long Term Liabilities: HEIMAR's short term assets (ISK4.9B) do not cover its long term liabilities (ISK133.4B).
Debt to Equity History and Analysis
Debt Level: HEIMAR's net debt to equity ratio (184.4%) is considered high.
Reducing Debt: HEIMAR's debt to equity ratio has increased from 184.1% to 191% over the past 5 years.
Debt Coverage: HEIMAR's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: HEIMAR's interest payments on its debt are not well covered by EBIT (2.5x coverage).