Scana Balance Sheet Health

Financial Health criteria checks 6/6

Scana has a total shareholder equity of NOK674.3M and total debt of NOK112.9M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are NOK1.6B and NOK901.1M respectively. Scana's EBIT is NOK162.8M making its interest coverage ratio 4.8. It has cash and short-term investments of NOK72.9M.

Key information

16.7%

Debt to equity ratio

NOK 112.90m

Debt

Interest coverage ratio	4.8x
Cash	NOK 72.90m
Equity	NOK 674.30m
Total liabilities	NOK 901.10m
Total assets	NOK 1.58b

Recent financial health updates

Recent updates

Optimistic Investors Push Scana ASA (OB:SCANA) Shares Up 45% But Growth Is Lacking

Sep 03

Not Many Are Piling Into Scana ASA (OB:SCANA) Just Yet

Jan 23

We Think Scana (OB:SCANA) Has A Fair Chunk Of Debt

Jul 12

Is Scana (OB:SCANA) Using Debt Sensibly?

Jan 26

Health Check: How Prudently Does Scana (OB:SCANA) Use Debt?

Jun 29

Does Scana (OB:SCANA) Have A Healthy Balance Sheet?

Feb 10

We Think Scana (OB:SCANA) Can Stay On Top Of Its Debt

Nov 04

Does Scana (OB:SCANA) Have A Healthy Balance Sheet?

Apr 01

Should We Be Delighted With Scana ASA's (OB:SCANA) ROE Of 58%?

Feb 08

We're Not So Sure You Should Rely on Scana's (OB:SCANA) Statutory Earnings

Jan 11

Here's Why Scana (OB:SCANA) Can Manage Its Debt Responsibly

Dec 15

Financial Position Analysis

Short Term Liabilities: SCANA's short term assets (NOK596.6M) exceed its short term liabilities (NOK505.5M).

Long Term Liabilities: SCANA's short term assets (NOK596.6M) exceed its long term liabilities (NOK395.6M).

Debt to Equity History and Analysis

Debt Level: SCANA's net debt to equity ratio (5.9%) is considered satisfactory.

Reducing Debt: SCANA's debt to equity ratio has reduced from 331.1% to 16.7% over the past 5 years.

Debt Coverage: SCANA's debt is well covered by operating cash flow (148.7%).

Interest Coverage: SCANA's interest payments on its debt are well covered by EBIT (4.8x coverage).

Scana Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

We Think Scana (OB:SCANA) Has A Fair Chunk Of Debt

Is Scana (OB:SCANA) Using Debt Sensibly?

Health Check: How Prudently Does Scana (OB:SCANA) Use Debt?

Does Scana (OB:SCANA) Have A Healthy Balance Sheet?

We Think Scana (OB:SCANA) Can Stay On Top Of Its Debt

Does Scana (OB:SCANA) Have A Healthy Balance Sheet?

Recent updates

Third quarter 2024 earnings released

New minor risk - Insider selling

Insider recently sold kr831k worth of stock

Insider exercised options to buy kr763k worth of stock.

MIG Finance Namibia (Proprietary) Limited made an offer to acquire Scana ASA (OB : SCANA) for NOK 1.81 billion.

Optimistic Investors Push Scana ASA (OB:SCANA) Shares Up 45% But Growth Is Lacking

MIG Finance Namibia (Proprietary) Limited made an offer to acquire Scana ASA (OB : SCANA) for NOK 1.81 billion.

Investor sentiment improves as stock rises 21%

Chief Financial Officer exercised options to buy kr1.8m worth of stock.

Director recently bought kr552k worth of stock

Consensus EPS estimates increase by 47%

Executive Vice President of Operations recently bought kr501k worth of stock

First quarter 2024 earnings released

Consensus EPS estimates fall by 29%

Full year 2023 earnings: EPS exceeds analyst expectations

Full year 2023 earnings released

Investor sentiment improves as stock rises 18%

Not Many Are Piling Into Scana ASA (OB:SCANA) Just Yet

Executive Vice President of Operations recently bought kr562k worth of stock

Chief Financial Officer exercised options to buy kr903k worth of stock.

Scana ASA to Report Q4, 2023 Results on Jan 26, 2024

Scana ASA to Report First Half, 2024 Results on Aug 21, 2024

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Second quarter 2023 earnings released: EPS: kr0.08 (vs kr0.04 loss in 2Q 2022)

Scana ASA Appoints Pål Selvik as CEO

We Think Scana (OB:SCANA) Has A Fair Chunk Of Debt

Executive Vice President of Operations recently bought kr753k worth of stock

Scana Asa Announces CEO Changes

First quarter 2023 earnings released: EPS: kr0.03 (vs kr0.04 loss in 1Q 2022)

Full year 2022 earnings released: kr0.12 loss per share (vs kr0.24 profit in FY 2021)

Scana ASA Appoints Espen Thomassen as Chief Commercial Officer

Is Scana (OB:SCANA) Using Debt Sensibly?

Scana ASA Announces Changes to its CEO

Scana ASA to Report Q1, 2023 Results on May 04, 2023

Chief Commercial Officer recently bought kr32m worth of stock

Chief Commercial Officer recently bought kr32m worth of stock

Third quarter 2022 earnings released: kr0.04 loss per share (vs kr0.03 loss in 3Q 2021)

Second quarter 2022 earnings released: kr0.04 loss per share (vs kr0.03 profit in 2Q 2021)

Investor sentiment improved over the past week

Health Check: How Prudently Does Scana (OB:SCANA) Use Debt?

Investor sentiment deteriorated over the past week

Scana ASA to Report First Half, 2022 Results on Aug 24, 2022

Investor sentiment improved over the past week

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment improved over the past week

Does Scana (OB:SCANA) Have A Healthy Balance Sheet?

Investor sentiment deteriorated over the past week

Scana ASA (OB:SCANA) agreed to acquire PSW GROUP.

Investor sentiment improved over the past week

We Think Scana (OB:SCANA) Can Stay On Top Of Its Debt

Third quarter 2021 earnings released: kr0.03 loss per share (vs kr0.39 profit in 3Q 2020)

Second quarter 2021 earnings released: EPS kr0.03 (vs kr0.04 in 2Q 2020)

Investor sentiment deteriorated over the past week

Does Scana (OB:SCANA) Have A Healthy Balance Sheet?

Full year 2020 earnings released: EPS kr0.46 (vs kr0.031 in FY 2019)

Should We Be Delighted With Scana ASA's (OB:SCANA) ROE Of 58%?

Scana ASA to Report Fiscal Year 2021 Final Results on Mar 26, 2021

Investor sentiment improved over the past week

Investor sentiment improved over the past week

We're Not So Sure You Should Rely on Scana's (OB:SCANA) Statutory Earnings

Investor sentiment improved over the past week

New 90-day low: kr2.06

Here's Why Scana (OB:SCANA) Can Manage Its Debt Responsibly

Market pulls back on stock over the past week

New 90-day high: kr3.14

New 90-day high: kr1.80

New 90-day high - kr1.62

Cascade Corporation completed the acquisition of Scana Steel Booforge AB from Incus Investor ASA (OB:INC)

Financial Position Analysis