DOF Group Balance Sheet Health
Financial Health criteria checks 4/6
DOF Group has a total shareholder equity of $1.9B and total debt of $1.5B, which brings its debt-to-equity ratio to 76.6%. Its total assets and total liabilities are $3.9B and $2.0B respectively. DOF Group's EBIT is $360.0M making its interest coverage ratio 3.8. It has cash and short-term investments of $337.0M.
Key information
76.62%
Debt to equity ratio
US$1.49b
Debt
| Interest coverage ratio | 3.8x |
| Cash | US$337.00m |
| Equity | US$1.94b |
| Total liabilities | US$1.96b |
| Total assets | US$3.90b |
Recent financial health updates
Recent updates
We Believe DOF Group's (OB:DOFG) Earnings Are A Poor Guide For Its Profitability
Sep 02
DOF Group ASA (OB:DOFG) Doing What It Can To Lift Shares
Mar 30Shaky Earnings May Not Tell The Whole Story For DOF Group (OB:DOFG)
Mar 03
Maersk Supply Service Acquisition Will Strengthen Fleet For Future Opportunities
Strategic acquisitions and contracts drive fleet expansion and operational growth, enhancing future earnings potential and stable cash flows.Here's Why DOF Group (OB:DOFG) Has Caught The Eye Of Investors
Nov 09Lacklustre Performance Is Driving DOF Group ASA's (OB:DOFG) Low P/E
Oct 04Shareholders In DOF Group (OB:DOFG) Should Look Beyond Earnings For The Full Story
Aug 30Here's Why We Think DOF Group (OB:DOFG) Might Deserve Your Attention Today
Aug 01DOF Group (OB:DOFG) Seems To Use Debt Quite Sensibly
Jun 27Lacklustre Performance Is Driving DOF Group ASA's (OB:DOFG) Low P/E
Apr 13Financial Position Analysis
Short Term Liabilities: DOFG's short term assets ($943.0M) exceed its short term liabilities ($613.0M).
Long Term Liabilities: DOFG's short term assets ($943.0M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: DOFG's net debt to equity ratio (59.3%) is considered high.
Reducing Debt: DOFG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: DOFG's debt is well covered by operating cash flow (31.8%).
Interest Coverage: DOFG's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/17 21:45 |
| End of Day Share Price | 2025/10/17 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
DOF Group ASA is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Salman Alam | Carnegie Investment Bank AB |
| Jørgen Lande | Danske Bank |
| Aleksander Erstad | DNB Carnegie |