This company listing is no longer active
DOF Group Balance Sheet Health
Financial Health criteria checks 2/6
DOF Group has a total shareholder equity of NOK6.2B and total debt of NOK14.6B, which brings its debt-to-equity ratio to 235.7%. Its total assets and total liabilities are NOK23.6B and NOK17.4B respectively. DOF Group's EBIT is NOK1.7B making its interest coverage ratio 1.3. It has cash and short-term investments of NOK1.9B.
Key information
235.7%
Debt to equity ratio
NOK 14.62b
Debt
| Interest coverage ratio | 1.3x |
| Cash | NOK 1.85b |
| Equity | NOK 6.20b |
| Total liabilities | NOK 17.38b |
| Total assets | NOK 23.58b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DOF's short term assets (NOK5.8B) exceed its short term liabilities (NOK2.9B).
Long Term Liabilities: DOF's short term assets (NOK5.8B) do not cover its long term liabilities (NOK14.4B).
Debt to Equity History and Analysis
Debt Level: DOF's net debt to equity ratio (205.8%) is considered high.
Reducing Debt: DOF's debt to equity ratio has reduced from 240.5% to 235.7% over the past 5 years.
Debt Coverage: DOF's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: DOF's interest payments on its debt are not well covered by EBIT (1.3x coverage).