AF Gruppen Balance Sheet Health

Financial Health criteria checks 5/6

AF Gruppen has a total shareholder equity of NOK2.8B and total debt of NOK776.0M, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are NOK14.8B and NOK12.0B respectively. AF Gruppen's EBIT is NOK652.0M making its interest coverage ratio 8.7. It has cash and short-term investments of NOK411.0M.

Key information

27.3%

Debt to equity ratio

NOK 776.00m

Debt

Interest coverage ratio8.7x
CashNOK 411.00m
EquityNOK 2.84b
Total liabilitiesNOK 12.00b
Total assetsNOK 14.85b

Recent financial health updates

Recent updates

AF Gruppen's (OB:AFG) Conservative Accounting Might Explain Soft Earnings

Sep 07
AF Gruppen's (OB:AFG) Conservative Accounting Might Explain Soft Earnings

A Look At The Intrinsic Value Of AF Gruppen ASA (OB:AFG)

Aug 31
A Look At The Intrinsic Value Of AF Gruppen ASA (OB:AFG)

Is AF Gruppen (OB:AFG) Using Too Much Debt?

Jul 17
Is AF Gruppen (OB:AFG) Using Too Much Debt?

AF Gruppen (OB:AFG) Has Announced That Its Dividend Will Be Reduced To NOK3.50

May 12
AF Gruppen (OB:AFG) Has Announced That Its Dividend Will Be Reduced To NOK3.50

Why Investors Shouldn't Be Surprised By AF Gruppen ASA's (OB:AFG) P/E

May 11
Why Investors Shouldn't Be Surprised By AF Gruppen ASA's (OB:AFG) P/E

AF Gruppen (OB:AFG) Is Reducing Its Dividend To NOK3.50

Apr 25
AF Gruppen (OB:AFG) Is Reducing Its Dividend To NOK3.50

A Look At The Intrinsic Value Of AF Gruppen ASA (OB:AFG)

Mar 18
A Look At The Intrinsic Value Of AF Gruppen ASA (OB:AFG)

AF Gruppen (OB:AFG) Will Pay A Smaller Dividend Than Last Year

Feb 27
AF Gruppen (OB:AFG) Will Pay A Smaller Dividend Than Last Year

There May Be Some Bright Spots In AF Gruppen's (OB:AFG) Earnings

Feb 22
There May Be Some Bright Spots In AF Gruppen's (OB:AFG) Earnings

Earnings Miss: AF Gruppen ASA Missed EPS By 44% And Analysts Are Revising Their Forecasts

Feb 18
Earnings Miss: AF Gruppen ASA Missed EPS By 44% And Analysts Are Revising Their Forecasts

Be Wary Of AF Gruppen (OB:AFG) And Its Returns On Capital

Feb 13
Be Wary Of AF Gruppen (OB:AFG) And Its Returns On Capital

Some Confidence Is Lacking In AF Gruppen ASA's (OB:AFG) P/E

Dec 29
Some Confidence Is Lacking In AF Gruppen ASA's (OB:AFG) P/E

Is AF Gruppen (OB:AFG) A Risky Investment?

Sep 22
Is AF Gruppen (OB:AFG) A Risky Investment?

These 4 Measures Indicate That AF Gruppen (OB:AFG) Is Using Debt Reasonably Well

Jun 20
These 4 Measures Indicate That AF Gruppen (OB:AFG) Is Using Debt Reasonably Well

AF Gruppen (OB:AFG) Is Due To Pay A Dividend Of NOK6.50

May 06
AF Gruppen (OB:AFG) Is Due To Pay A Dividend Of NOK6.50

AF Gruppen (OB:AFG) Has Announced A Dividend Of NOK6.50

Apr 05
AF Gruppen (OB:AFG) Has Announced A Dividend Of NOK6.50

A Look At The Fair Value Of AF Gruppen ASA (OB:AFG)

Apr 02
A Look At The Fair Value Of AF Gruppen ASA (OB:AFG)

AF Gruppen (OB:AFG) Has A Pretty Healthy Balance Sheet

Mar 14
AF Gruppen (OB:AFG) Has A Pretty Healthy Balance Sheet

AF Gruppen (OB:AFG) Is Due To Pay A Dividend Of NOK6.50

Feb 13
AF Gruppen (OB:AFG) Is Due To Pay A Dividend Of NOK6.50

Why You Should Care About AF Gruppen's (OB:AFG) Strong Returns On Capital

Feb 03
Why You Should Care About AF Gruppen's (OB:AFG) Strong Returns On Capital

AF Gruppen (OB:AFG) Seems To Use Debt Quite Sensibly

Dec 08
AF Gruppen (OB:AFG) Seems To Use Debt Quite Sensibly

Here's Why AF Gruppen (OB:AFG) Can Manage Its Debt Responsibly

Sep 06
Here's Why AF Gruppen (OB:AFG) Can Manage Its Debt Responsibly

AF Gruppen (OB:AFG) Might Be Having Difficulty Using Its Capital Effectively

Aug 14
AF Gruppen (OB:AFG) Might Be Having Difficulty Using Its Capital Effectively

Is There An Opportunity With AF Gruppen ASA's (OB:AFG) 35% Undervaluation?

Jul 13
Is There An Opportunity With AF Gruppen ASA's (OB:AFG) 35% Undervaluation?

AF Gruppen (OB:AFG) Has Affirmed Its Dividend Of kr6.50

May 13
AF Gruppen (OB:AFG) Has Affirmed Its Dividend Of kr6.50

AF Gruppen's (OB:AFG) Dividend Will Be kr6.50

Apr 28
AF Gruppen's (OB:AFG) Dividend Will Be kr6.50

AF Gruppen (OB:AFG) Could Be Struggling To Allocate Capital

Apr 25
AF Gruppen (OB:AFG) Could Be Struggling To Allocate Capital

AF Gruppen (OB:AFG) Will Pay A Dividend Of kr6.50

Apr 12
AF Gruppen (OB:AFG) Will Pay A Dividend Of kr6.50

Is There An Opportunity With AF Gruppen ASA's (OB:AFG) 36% Undervaluation?

Apr 11
Is There An Opportunity With AF Gruppen ASA's (OB:AFG) 36% Undervaluation?

AF Gruppen (OB:AFG) Has Re-Affirmed Its Dividend Of kr6.50

Mar 28
AF Gruppen (OB:AFG) Has Re-Affirmed Its Dividend Of kr6.50

AF Gruppen (OB:AFG) Has Affirmed Its Dividend Of kr6.50

Mar 13
AF Gruppen (OB:AFG) Has Affirmed Its Dividend Of kr6.50

AF Gruppen (OB:AFG) Will Pay A Dividend Of kr6.50

Feb 27
AF Gruppen (OB:AFG) Will Pay A Dividend Of kr6.50

AF Gruppen (OB:AFG) Has Re-Affirmed Its Dividend Of kr6.50

Feb 13
AF Gruppen (OB:AFG) Has Re-Affirmed Its Dividend Of kr6.50

Is AF Gruppen (OB:AFG) Using Too Much Debt?

Jan 25
Is AF Gruppen (OB:AFG) Using Too Much Debt?

Here's Why I Think AF Gruppen (OB:AFG) Might Deserve Your Attention Today

Dec 14
Here's Why I Think AF Gruppen (OB:AFG) Might Deserve Your Attention Today

AF Gruppen (OB:AFG) Is Increasing Its Dividend To kr4.00

Nov 14
AF Gruppen (OB:AFG) Is Increasing Its Dividend To kr4.00

AF Gruppen (OB:AFG) Could Be Struggling To Allocate Capital

Oct 31
AF Gruppen (OB:AFG) Could Be Struggling To Allocate Capital

AF Gruppen (OB:AFG) Has A Rock Solid Balance Sheet

Oct 19
AF Gruppen (OB:AFG) Has A Rock Solid Balance Sheet

Are Investors Undervaluing AF Gruppen ASA (OB:AFG) By 42%?

Sep 26
Are Investors Undervaluing AF Gruppen ASA (OB:AFG) By 42%?

Financial Position Analysis

Short Term Liabilities: AFG's short term assets (NOK6.2B) do not cover its short term liabilities (NOK10.7B).

Long Term Liabilities: AFG's short term assets (NOK6.2B) exceed its long term liabilities (NOK1.3B).


Debt to Equity History and Analysis

Debt Level: AFG's net debt to equity ratio (12.8%) is considered satisfactory.

Reducing Debt: AFG's debt to equity ratio has reduced from 37.2% to 27.3% over the past 5 years.

Debt Coverage: AFG's debt is well covered by operating cash flow (275.5%).

Interest Coverage: AFG's interest payments on its debt are well covered by EBIT (8.7x coverage).


Balance Sheet


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