GN Store Nord Balance Sheet Health
Financial Health criteria checks 1/6
GN Store Nord has a total shareholder equity of DKK6.6B and total debt of DKK16.3B, which brings its debt-to-equity ratio to 246.2%. Its total assets and total liabilities are DKK29.9B and DKK23.3B respectively. GN Store Nord's EBIT is DKK1.9B making its interest coverage ratio 5.6. It has cash and short-term investments of DKK676.0M.
Key information
246.2%
Debt to equity ratio
kr.16.32b
Debt
Interest coverage ratio | 5.6x |
Cash | kr.676.00m |
Equity | kr.6.63b |
Total liabilities | kr.23.28b |
Total assets | kr.29.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GNDC N's short term assets (DKK8.7B) do not cover its short term liabilities (DKK9.0B).
Long Term Liabilities: GNDC N's short term assets (DKK8.7B) do not cover its long term liabilities (DKK14.3B).
Debt to Equity History and Analysis
Debt Level: GNDC N's net debt to equity ratio (236%) is considered high.
Reducing Debt: GNDC N's debt to equity ratio has increased from 88.7% to 246.2% over the past 5 years.
Debt Coverage: GNDC N's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: GNDC N's interest payments on its debt are well covered by EBIT (5.6x coverage).