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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:35 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Skel fjárfestingafélag hf. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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