Síminn hf Balance Sheet Health
Financial Health criteria checks 3/6
Síminn hf has a total shareholder equity of ISK18.1B and total debt of ISK14.6B, which brings its debt-to-equity ratio to 80.7%. Its total assets and total liabilities are ISK40.7B and ISK22.6B respectively. Síminn hf's EBIT is ISK2.2B making its interest coverage ratio 5.6. It has cash and short-term investments of ISK2.0B.
Key information
80.7%
Debt to equity ratio
ISK 14.60b
Debt
| Interest coverage ratio | 5.6x |
| Cash | ISK 2.03b |
| Equity | ISK 18.10b |
| Total liabilities | ISK 22.62b |
| Total assets | ISK 40.72b |
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 (ISK10.1B) exceed its short term liabilities (ISK9.5B).
Long Term Liabilities: SIMINN's short term assets (ISK10.1B) do not cover its long term liabilities (ISK13.1B).
Debt to Equity History and Analysis
Debt Level: SIMINN's net debt to equity ratio (69.5%) is considered high.
Reducing Debt: SIMINN's debt to equity ratio has increased from 46% to 80.7% over the past 5 years.
Debt Coverage: SIMINN's debt is well covered by operating cash flow (33.2%).
Interest Coverage: SIMINN's interest payments on its debt are well covered by EBIT (5.6x coverage).