Skel fjárfestingafélag hf Balance Sheet Health
Financial Health criteria checks 4/6
Skel fjárfestingafélag hf has a total shareholder equity of ISK37.6B and total debt of ISK4.9B, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are ISK49.7B and ISK12.1B respectively.
Key information
13.1%
Debt to equity ratio
ISK 4.92b
Debt
| Interest coverage ratio | n/a |
| Cash | ISK 42.20b |
| Equity | ISK 37.61b |
| Total liabilities | ISK 12.14b |
| Total assets | ISK 49.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SKEL's short term assets (ISK43.6B) exceed its short term liabilities (ISK3.4B).
Long Term Liabilities: SKEL's short term assets (ISK43.6B) exceed its long term liabilities (ISK8.7B).
Debt to Equity History and Analysis
Debt Level: SKEL has more cash than its total debt.
Reducing Debt: SKEL's debt to equity ratio has reduced from 107.2% to 13.1% over the past 5 years.
Debt Coverage: SKEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SKEL's interest payments on its debt are well covered by EBIT.