BlueNord Balance Sheet Health
Financial Health criteria checks 3/6
BlueNord has a total shareholder equity of $813.6M and total debt of $1.2B, which brings its debt-to-equity ratio to 146.5%. Its total assets and total liabilities are $3.4B and $2.6B respectively. BlueNord's EBIT is $269.5M making its interest coverage ratio 158.5. It has cash and short-term investments of $166.7M.
Key information
146.5%
Debt to equity ratio
US$1.19b
Debt
| Interest coverage ratio | 158.5x |
| Cash | US$166.70m |
| Equity | US$813.60m |
| Total liabilities | US$2.60b |
| Total assets | US$3.41b |
Recent financial health updates
BlueNord (OB:BNOR) Use Of Debt Could Be Considered Risky
Feb 21
Here's Why BlueNord (OB:BNOR) Is Weighed Down By Its Debt Load
Oct 30We Think BlueNord (OB:BNOR) Is Taking Some Risk With Its Debt
Jul 20Does Norwegian Energy (OB:NOR) Have A Healthy Balance Sheet?
Jan 19Is Norwegian Energy (OB:NOR) A Risky Investment?
Sep 03Recent updates
These Analysts Just Made A Notable Downgrade To Their BlueNord ASA (OB:BNOR) EPS Forecasts
Feb 25BlueNord (OB:BNOR) Use Of Debt Could Be Considered Risky
Feb 21BlueNord (OB:BNOR) Is Looking To Continue Growing Its Returns On Capital
Nov 25Here's Why BlueNord (OB:BNOR) Is Weighed Down By Its Debt Load
Oct 30Estimating The Fair Value Of BlueNord ASA (OB:BNOR)
Oct 05We Think BlueNord (OB:BNOR) Is Taking Some Risk With Its Debt
Jul 20BlueNord's (OB:BNOR) Returns On Capital Are Heading Higher
Jun 14BlueNord ASA (OB:BNOR) First-Quarter Results: Here's What Analysts Are Forecasting For This Year
May 13Does Norwegian Energy (OB:NOR) Have A Healthy Balance Sheet?
Jan 19The Return Trends At Norwegian Energy (OB:NOR) Look Promising
Oct 16Is Norwegian Energy (OB:NOR) A Risky Investment?
Sep 03Returns On Capital Are Showing Encouraging Signs At Norwegian Energy (OB:NOR)
Jul 13The Return Trends At Norwegian Energy (OB:NOR) Look Promising
Apr 06Does Norwegian Energy (OB:NOR) Have A Healthy Balance Sheet?
Mar 02The Return Trends At Norwegian Energy (OB:NOR) Look Promising
Oct 28We Like These Underlying Trends At Norwegian Energy (OB:NOR)
Mar 09These 4 Measures Indicate That Norwegian Energy (OB:NOR) Is Using Debt Extensively
Feb 10
Are Norwegian Energy's (OB:NOR) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 19Should You Review Recent Insider Transactions At Norwegian Energy Company ASA (OB:NOR)?
Dec 30Financial Position Analysis
Short Term Liabilities: BNOR's short term assets ($381.9M) do not cover its short term liabilities ($441.6M).
Long Term Liabilities: BNOR's short term assets ($381.9M) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: BNOR's net debt to equity ratio (126%) is considered high.
Reducing Debt: BNOR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: BNOR's debt is well covered by operating cash flow (21%).
Interest Coverage: BNOR's interest payments on its debt are well covered by EBIT (158.5x coverage).