BlueNord Balance Sheet Health
Financial Health criteria checks 1/6
BlueNord has a total shareholder equity of $802.9M and total debt of $1.4B, which brings its debt-to-equity ratio to 168.5%. Its total assets and total liabilities are $3.4B and $2.6B respectively. BlueNord's EBIT is $164.9M making its interest coverage ratio 1.9. It has cash and short-term investments of $241.2M.
Key information
168.5%
Debt to equity ratio
US$1.35b
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$241.20m |
| Equity | US$802.90m |
| Total liabilities | US$2.62b |
| Total assets | US$3.42b |
Recent financial health updates
Is BlueNord (OB:BNOR) Using Too Much Debt?
Oct 23
BlueNord (OB:BNOR) Use Of Debt Could Be Considered Risky
Feb 21Here'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
BlueNord's (OB:BNOR) Conservative Accounting Might Explain Soft Earnings
Nov 07Is BlueNord (OB:BNOR) Using Too Much Debt?
Oct 23An Intrinsic Calculation For BlueNord ASA (OB:BNOR) Suggests It's 22% Undervalued
Oct 03Not Many Are Piling Into BlueNord ASA (OB:BNOR) Just Yet
Aug 31BlueNord (OB:BNOR) Is Looking To Continue Growing Its Returns On Capital
Aug 05These 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 28Financial Position Analysis
Short Term Liabilities: BNOR's short term assets ($371.4M) exceed its short term liabilities ($155.5M).
Long Term Liabilities: BNOR's short term assets ($371.4M) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: BNOR's net debt to equity ratio (138.5%) is considered high.
Reducing Debt: BNOR's debt to equity ratio has increased from 166.2% to 168.5% over the past 5 years.
Debt Coverage: BNOR's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: BNOR's interest payments on its debt are not well covered by EBIT (1.9x coverage).