Scandinavian Tobacco Group Balance Sheet Health
Financial Health criteria checks 3/6
Scandinavian Tobacco Group has a total shareholder equity of DKK9.4B and total debt of DKK4.0B, which brings its debt-to-equity ratio to 42.4%. Its total assets and total liabilities are DKK16.2B and DKK6.8B respectively. Scandinavian Tobacco Group's EBIT is DKK1.9B making its interest coverage ratio 16.2. It has cash and short-term investments of DKK104.3M.
Key information
42.4%
Debt to equity ratio
kr.3.99b
Debt
Interest coverage ratio | 16.2x |
Cash | kr.104.30m |
Equity | kr.9.40b |
Total liabilities | kr.6.80b |
Total assets | kr.16.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STG N's short term assets (DKK5.0B) exceed its short term liabilities (DKK1.7B).
Long Term Liabilities: STG N's short term assets (DKK5.0B) do not cover its long term liabilities (DKK5.1B).
Debt to Equity History and Analysis
Debt Level: STG N's net debt to equity ratio (41.3%) is considered high.
Reducing Debt: STG N's debt to equity ratio has increased from 32.5% to 42.4% over the past 5 years.
Debt Coverage: STG N's debt is well covered by operating cash flow (27.6%).
Interest Coverage: STG N's interest payments on its debt are well covered by EBIT (16.2x coverage).