Royal Unibrew Balance Sheet Health
Financial Health criteria checks 2/6
Royal Unibrew has a total shareholder equity of DKK5.5B and total debt of DKK6.5B, which brings its debt-to-equity ratio to 118.2%. Its total assets and total liabilities are DKK17.5B and DKK12.0B respectively. Royal Unibrew's EBIT is DKK1.5B making its interest coverage ratio 8.6. It has cash and short-term investments of DKK87.0M.
Key information
118.2%
Debt to equity ratio
DKK 6.54b
Debt
| Interest coverage ratio | 8.6x |
| Cash | DKK 87.00m |
| Equity | DKK 5.54b |
| Total liabilities | DKK 11.98b |
| Total assets | DKK 17.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RBREW N's short term assets (DKK3.6B) do not cover its short term liabilities (DKK4.9B).
Long Term Liabilities: RBREW N's short term assets (DKK3.6B) do not cover its long term liabilities (DKK7.1B).
Debt to Equity History and Analysis
Debt Level: RBREW N's net debt to equity ratio (116.6%) is considered high.
Reducing Debt: RBREW N's debt to equity ratio has increased from 91.4% to 118.2% over the past 5 years.
Debt Coverage: RBREW N's debt is well covered by operating cash flow (20.3%).
Interest Coverage: RBREW N's interest payments on its debt are well covered by EBIT (8.6x coverage).