Scana Balance Sheet Health
Financial Health criteria checks 6/6
Scana has a total shareholder equity of NOK607.4M and total debt of NOK77.7M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are NOK1.5B and NOK921.3M respectively. Scana's EBIT is NOK134.7M making its interest coverage ratio 3.8. It has cash and short-term investments of NOK36.0M.
Key information
12.8%
Debt to equity ratio
NOK 77.70m
Debt
Interest coverage ratio | 3.8x |
Cash | NOK 36.00m |
Equity | NOK 607.40m |
Total liabilities | NOK 921.30m |
Total assets | NOK 1.53b |
Recent financial health updates
We Think Scana (OB:SCANA) Has A Fair Chunk Of Debt
Jul 12Is Scana (OB:SCANA) Using Debt Sensibly?
Jan 26Health Check: How Prudently Does Scana (OB:SCANA) Use Debt?
Jun 29Does Scana (OB:SCANA) Have A Healthy Balance Sheet?
Feb 10We Think Scana (OB:SCANA) Can Stay On Top Of Its Debt
Nov 04Does Scana (OB:SCANA) Have A Healthy Balance Sheet?
Apr 01Recent updates
Not Many Are Piling Into Scana ASA (OB:SCANA) Just Yet
Jan 23We Think Scana (OB:SCANA) Has A Fair Chunk Of Debt
Jul 12Is Scana (OB:SCANA) Using Debt Sensibly?
Jan 26Health Check: How Prudently Does Scana (OB:SCANA) Use Debt?
Jun 29Does Scana (OB:SCANA) Have A Healthy Balance Sheet?
Feb 10We Think Scana (OB:SCANA) Can Stay On Top Of Its Debt
Nov 04Does Scana (OB:SCANA) Have A Healthy Balance Sheet?
Apr 01Should We Be Delighted With Scana ASA's (OB:SCANA) ROE Of 58%?
Feb 08We're Not So Sure You Should Rely on Scana's (OB:SCANA) Statutory Earnings
Jan 11Here's Why Scana (OB:SCANA) Can Manage Its Debt Responsibly
Dec 15Financial Position Analysis
Short Term Liabilities: SCANA's short term assets (NOK562.9M) exceed its short term liabilities (NOK515.9M).
Long Term Liabilities: SCANA's short term assets (NOK562.9M) exceed its long term liabilities (NOK405.4M).
Debt to Equity History and Analysis
Debt Level: SCANA's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: SCANA's debt to equity ratio has reduced from 756.8% to 12.8% over the past 5 years.
Debt Coverage: SCANA's debt is well covered by operating cash flow (142.7%).
Interest Coverage: SCANA's interest payments on its debt are well covered by EBIT (3.8x coverage).