Síminn hf Balance Sheet Health
Financial Health criteria checks 3/6
Síminn hf has a total shareholder equity of ISK18.2B and total debt of ISK14.0B, which brings its debt-to-equity ratio to 77.1%. Its total assets and total liabilities are ISK39.9B and ISK21.7B respectively. Síminn hf's EBIT is ISK2.6B making its interest coverage ratio 3.5. It has cash and short-term investments of ISK1.1B.
Key information
77.1%
Debt to equity ratio
ISK 13.99b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ISK 1.15b |
| Equity | ISK 18.16b |
| Total liabilities | ISK 21.72b |
| Total assets | ISK 39.87b |
Recent financial health updates
Is Síminn hf (ICE:SIMINN) A Risky Investment?
Jan 08
Síminn hf (ICE:SIMINN) Seems To Use Debt Quite Sensibly
May 06We Think Síminn hf (ICE:SIMINN) Can Stay On Top Of Its Debt
Dec 08
Recent updates
Síminn hf (ICE:SIMINN) Has Announced A Dividend Of ISK0.20
Mar 01Investor Optimism Abounds Síminn hf. (ICE:SIMINN) But Growth Is Lacking
Jan 25We Like The Quality Of Síminn hf's (ICE:SIMINN) Earnings
Feb 23Is Síminn hf (ICE:SIMINN) A Risky Investment?
Jan 08Síminn hf (ICE:SIMINN) Hasn't Managed To Accelerate Its Returns
Oct 19Síminn hf (ICE:SIMINN) Seems To Use Debt Quite Sensibly
May 06Risks To Shareholder Returns Are Elevated At These Prices For Síminn hf. (ICE:SIMINN)
Apr 09Síminn hf. (ICE:SIMINN) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Mar 18A Look At The Intrinsic Value Of Síminn hf. (ICE:SIMINN)
Feb 17If You Had Bought Síminn hf (ICE:SIMINN) Stock Five Years Ago, You Could Pocket A 121% Gain Today
Jan 26Is Síminn hf (ICE:SIMINN) Likely To Turn Things Around?
Dec 30We Think Síminn hf (ICE:SIMINN) Can Stay On Top Of Its Debt
Dec 08Financial Position Analysis
Short Term Liabilities: SIMINN's short term assets (ISK9.4B) exceed its short term liabilities (ISK8.4B).
Long Term Liabilities: SIMINN's short term assets (ISK9.4B) do not cover its long term liabilities (ISK13.3B).
Debt to Equity History and Analysis
Debt Level: SIMINN's net debt to equity ratio (70.7%) is considered high.
Reducing Debt: SIMINN's debt to equity ratio has increased from 44.5% to 77.1% over the past 5 years.
Debt Coverage: SIMINN's debt is well covered by operating cash flow (37.8%).
Interest Coverage: SIMINN's interest payments on its debt are well covered by EBIT (3.5x coverage).