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
Investors Appear Satisfied With Síminn hf.'s (ICE:SIMINN) Prospects
Dec 04Síminn 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 03:32 |
| End of Day Share Price | 2025/01/06 00:00 |
| Earnings | 2024/09/30 |
| 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
Síminn 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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