Sats Balance Sheet Health
Financial Health criteria checks 2/6
Sats has a total shareholder equity of NOK1.1B and total debt of NOK1.7B, which brings its debt-to-equity ratio to 151.6%. Its total assets and total liabilities are NOK9.1B and NOK8.0B respectively. Sats's EBIT is NOK635.0M making its interest coverage ratio 2.5. It has cash and short-term investments of NOK315.0M.
Key information
151.6%
Debt to equity ratio
kr1.67b
Debt
| Interest coverage ratio | 2.5x |
| Cash | kr315.00m |
| Equity | kr1.10b |
| Total liabilities | kr8.03b |
| Total assets | kr9.13b |
Recent financial health updates
Sats (OB:SATS) Has A Pretty Healthy Balance Sheet
Oct 31
Is Sats (OB:SATS) A Risky Investment?
May 31Does Sats (OB:SATS) Have A Healthy Balance Sheet?
Jul 16Sats (OB:SATS) Has Debt But No Earnings; Should You Worry?
Nov 23Sats (OB:SATS) Use Of Debt Could Be Considered Risky
Mar 18Recent updates
Sats ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 03Sats' (OB:SATS) Earnings May Just Be The Starting Point
Feb 20Sats ASA (OB:SATS) Just Reported And Analysts Have Been Lifting Their Price Targets
Feb 16What Sats ASA's (OB:SATS) 29% Share Price Gain Is Not Telling You
Jan 05Sats (OB:SATS) Has A Pretty Healthy Balance Sheet
Oct 31Here's What's Concerning About Sats' (OB:SATS) Returns On Capital
Sep 07Is Sats (OB:SATS) A Risky Investment?
May 31Sats ASA (OB:SATS) Shares Fly 37% But Investors Aren't Buying For Growth
Apr 17Does Sats (OB:SATS) Have A Healthy Balance Sheet?
Jul 16Sats (OB:SATS) Has Debt But No Earnings; Should You Worry?
Nov 23Some Investors May Be Worried About Sats' (OB:SATS) Returns On Capital
Apr 14Sats (OB:SATS) Use Of Debt Could Be Considered Risky
Mar 18Analysts Have Lowered Expectations For Sats ASA (OB:SATS) After Its Latest Results
Feb 11
Sats (OB:SATS) Share Prices Have Dropped 10% In The Last Year
Feb 08Financial Position Analysis
Short Term Liabilities: SATS's short term assets (NOK823.0M) do not cover its short term liabilities (NOK2.2B).
Long Term Liabilities: SATS's short term assets (NOK823.0M) do not cover its long term liabilities (NOK5.9B).
Debt to Equity History and Analysis
Debt Level: SATS's net debt to equity ratio (123%) is considered high.
Reducing Debt: SATS's debt to equity ratio has reduced from 710.5% to 151.6% over the past 5 years.
Debt Coverage: SATS's debt is well covered by operating cash flow (110%).
Interest Coverage: SATS's interest payments on its debt are not well covered by EBIT (2.5x coverage).