Arendals Fossekompani Balance Sheet Health
Financial Health criteria checks 4/6
Arendals Fossekompani has a total shareholder equity of NOK3.6B and total debt of NOK2.6B, which brings its debt-to-equity ratio to 72.7%. Its total assets and total liabilities are NOK9.1B and NOK5.4B respectively. Arendals Fossekompani's EBIT is NOK413.2M making its interest coverage ratio 12.2. It has cash and short-term investments of NOK1.9B.
Key information
72.7%
Debt to equity ratio
kr2.65b
Debt
Interest coverage ratio | 12.2x |
Cash | kr1.94b |
Equity | kr3.64b |
Total liabilities | kr5.42b |
Total assets | kr9.06b |
Recent financial health updates
We Think Arendals Fossekompani (OB:AFK) Can Stay On Top Of Its Debt
Jan 18We Think Arendals Fossekompani (OB:AFK) Can Stay On Top Of Its Debt
Jul 11We Think Arendals Fossekompani (OB:AFK) Can Stay On Top Of Its Debt
Mar 21Is Arendals Fossekompani (OB:AFK) A Risky Investment?
Dec 18Does Arendals Fossekompani (OB:AFK) Have A Healthy Balance Sheet?
Jul 22Here's Why Arendals Fossekompani (OB:AFK) Can Manage Its Debt Responsibly
Dec 13Recent updates
Returns On Capital At Arendals Fossekompani (OB:AFK) Have Stalled
Mar 16Additional Considerations Required While Assessing Arendals Fossekompani's (OB:AFK) Strong Earnings
Feb 17We Think Arendals Fossekompani (OB:AFK) Can Stay On Top Of Its Debt
Jan 18We Think Arendals Fossekompani (OB:AFK) Can Stay On Top Of Its Debt
Jul 11We Think Arendals Fossekompani (OB:AFK) Can Stay On Top Of Its Debt
Mar 21Is Arendals Fossekompani (OB:AFK) A Risky Investment?
Dec 18Do Arendals Fossekompani's (OB:AFK) Earnings Warrant Your Attention?
Aug 21Does Arendals Fossekompani (OB:AFK) Have A Healthy Balance Sheet?
Jul 22Here's Why Arendals Fossekompani (OB:AFK) Can Manage Its Debt Responsibly
Dec 13Here's Why Arendals Fossekompani (OB:AFK) Can Manage Its Debt Responsibly
Aug 28We Think Arendals Fossekompani (OB:AFK) Can Stay On Top Of Its Debt
May 20The Arendals Fossekompani (OB:AFK) Share Price Has Gained 143%, So Why Not Pay It Some Attention?
Mar 12Arendals Fossekompani (OB:AFK) Seems To Use Debt Quite Sensibly
Feb 14Financial Position Analysis
Short Term Liabilities: AFK's short term assets (NOK4.8B) exceed its short term liabilities (NOK2.8B).
Long Term Liabilities: AFK's short term assets (NOK4.8B) exceed its long term liabilities (NOK2.7B).
Debt to Equity History and Analysis
Debt Level: AFK's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: AFK's debt to equity ratio has increased from 33.8% to 72.7% over the past 5 years.
Debt Coverage: AFK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AFK's interest payments on its debt are well covered by EBIT (12.2x coverage).