Arendals Fossekompani Balance Sheet Health

Financial Health criteria checks 3/6

Arendals Fossekompani has a total shareholder equity of NOK2.8B and total debt of NOK1.9B, which brings its debt-to-equity ratio to 67%. Its total assets and total liabilities are NOK7.5B and NOK4.7B respectively. Arendals Fossekompani's EBIT is NOK280.2M making its interest coverage ratio 1.7. It has cash and short-term investments of NOK967.0M.

Key information

67.0%

Debt to equity ratio

NOK 1.86b

Debt

Interest coverage ratio1.7x
CashNOK 967.00m
EquityNOK 2.78b
Total liabilitiesNOK 4.69b
Total assetsNOK 7.47b

Recent financial health updates

Recent updates

Here's Why We Think Arendals Fossekompani (OB:AFK) Might Deserve Your Attention Today

Nov 24
Here's Why We Think Arendals Fossekompani (OB:AFK) Might Deserve Your Attention Today

Arendals Fossekompani's (OB:AFK) Dividend Will Be NOK1.00

Aug 27
Arendals Fossekompani's (OB:AFK) Dividend Will Be NOK1.00

Arendals Fossekompani (OB:AFK) Has A Somewhat Strained Balance Sheet

Aug 06
Arendals Fossekompani (OB:AFK) Has A Somewhat Strained Balance Sheet

Returns On Capital At Arendals Fossekompani (OB:AFK) Have Stalled

Mar 16
Returns On Capital At Arendals Fossekompani (OB:AFK) Have Stalled

Additional Considerations Required While Assessing Arendals Fossekompani's (OB:AFK) Strong Earnings

Feb 17
Additional Considerations Required While Assessing Arendals Fossekompani's (OB:AFK) Strong Earnings

We Think Arendals Fossekompani (OB:AFK) Can Stay On Top Of Its Debt

Jan 18
We Think Arendals Fossekompani (OB:AFK) Can Stay On Top Of Its Debt

We Think Arendals Fossekompani (OB:AFK) Can Stay On Top Of Its Debt

Jul 11
We Think Arendals Fossekompani (OB:AFK) Can Stay On Top Of Its Debt

We Think Arendals Fossekompani (OB:AFK) Can Stay On Top Of Its Debt

Mar 21
We Think Arendals Fossekompani (OB:AFK) Can Stay On Top Of Its Debt

Is Arendals Fossekompani (OB:AFK) A Risky Investment?

Dec 18
Is Arendals Fossekompani (OB:AFK) A Risky Investment?

Do Arendals Fossekompani's (OB:AFK) Earnings Warrant Your Attention?

Aug 21
Do Arendals Fossekompani's (OB:AFK) Earnings Warrant Your Attention?

Does Arendals Fossekompani (OB:AFK) Have A Healthy Balance Sheet?

Jul 22
Does Arendals Fossekompani (OB:AFK) Have A Healthy Balance Sheet?

Here's Why Arendals Fossekompani (OB:AFK) Can Manage Its Debt Responsibly

Dec 13
Here's Why Arendals Fossekompani (OB:AFK) Can Manage Its Debt Responsibly

Here's Why Arendals Fossekompani (OB:AFK) Can Manage Its Debt Responsibly

Aug 28
Here's Why Arendals Fossekompani (OB:AFK) Can Manage Its Debt Responsibly

We Think Arendals Fossekompani (OB:AFK) Can Stay On Top Of Its Debt

May 20
We Think Arendals Fossekompani (OB:AFK) Can Stay On Top Of Its Debt

The Arendals Fossekompani (OB:AFK) Share Price Has Gained 143%, So Why Not Pay It Some Attention?

Mar 12
The Arendals Fossekompani (OB:AFK) Share Price Has Gained 143%, So Why Not Pay It Some Attention?

Financial Position Analysis

Short Term Liabilities: AFK's short term assets (NOK5.0B) exceed its short term liabilities (NOK2.8B).

Long Term Liabilities: AFK's short term assets (NOK5.0B) exceed its long term liabilities (NOK1.9B).


Debt to Equity History and Analysis

Debt Level: AFK's net debt to equity ratio (32.1%) is considered satisfactory.

Reducing Debt: AFK's debt to equity ratio has increased from 33.6% to 67% over the past 5 years.

Debt Coverage: AFK's debt is not well covered by operating cash flow (7.3%).

Interest Coverage: AFK's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet


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