OKEA Balance Sheet Health
Financial Health criteria checks 3/6
OKEA has a total shareholder equity of NOK676.2M and total debt of NOK1.8B, which brings its debt-to-equity ratio to 269.4%. Its total assets and total liabilities are NOK18.6B and NOK17.9B respectively. OKEA's EBIT is NOK2.8B making its interest coverage ratio 185.8. It has cash and short-term investments of NOK2.1B.
Key information
269.4%
Debt to equity ratio
NOK 1.82b
Debt
Interest coverage ratio | 185.8x |
Cash | NOK 2.13b |
Equity | NOK 676.21m |
Total liabilities | NOK 17.92b |
Total assets | NOK 18.60b |
Recent financial health updates
Recent updates
Need To Know: Analysts Just Made A Substantial Cut To Their OKEA ASA (OB:OKEA) Estimates
Jan 23Why Investors Shouldn't Be Surprised By OKEA ASA's (OB:OKEA) Low P/E
Jan 21Does OKEA (OB:OKEA) Have A Healthy Balance Sheet?
Dec 03Does OKEA (OB:OKEA) Deserve A Spot On Your Watchlist?
Oct 13Analysts Are Betting On OKEA ASA (OB:OKEA) With A Big Upgrade This Week
Sep 03OKEA (OB:OKEA) Will Pay A Dividend Of NOK1.00
Aug 10Earnings Miss: OKEA ASA Missed EPS By 39% And Analysts Are Revising Their Forecasts
Jul 16New Forecasts: Here's What Analysts Think The Future Holds For OKEA ASA (OB:OKEA)
May 01Analysts Just Made A Captivating Upgrade To Their OKEA ASA (OB:OKEA) Forecasts
Mar 26Time To Worry? Analysts Are Downgrading Their OKEA ASA (OB:OKEA) Outlook
Feb 11OKEA ASA (OB:OKEA) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Aug 21OKEA ASA's (OB:OKEA) Sole Analyst Just Made A Dazzling Upgrade To Their Forecasts
Mar 17Financial Position Analysis
Short Term Liabilities: OKEA's short term assets (NOK5.0B) do not cover its short term liabilities (NOK5.5B).
Long Term Liabilities: OKEA's short term assets (NOK5.0B) do not cover its long term liabilities (NOK12.4B).
Debt to Equity History and Analysis
Debt Level: OKEA has more cash than its total debt.
Reducing Debt: OKEA's debt to equity ratio has increased from 171.7% to 269.4% over the past 5 years.
Debt Coverage: OKEA's debt is well covered by operating cash flow (283.4%).
Interest Coverage: OKEA's interest payments on its debt are well covered by EBIT (185.8x coverage).