DOF Installer Balance Sheet Health
Financial Health criteria checks 1/6
DOF Installer has a total shareholder equity of NOK254.0M and total debt of NOK1.6B, which brings its debt-to-equity ratio to 628%. Its total assets and total liabilities are NOK2.0B and NOK1.8B respectively. DOF Installer's EBIT is NOK176.0M making its interest coverage ratio 1.6. It has cash and short-term investments of NOK411.0M.
Key information
628.0%
Debt to equity ratio
NOK 1.60b
Debt
| Interest coverage ratio | 1.6x |
| Cash | NOK 411.00m |
| Equity | NOK 254.00m |
| Total liabilities | NOK 1.76b |
| Total assets | NOK 2.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DOFI's short term assets (NOK583.0M) exceed its short term liabilities (NOK162.0M).
Long Term Liabilities: DOFI's short term assets (NOK583.0M) do not cover its long term liabilities (NOK1.6B).
Debt to Equity History and Analysis
Debt Level: DOFI's net debt to equity ratio (466.1%) is considered high.
Reducing Debt: DOFI's debt to equity ratio has increased from 106.4% to 628% over the past 5 years.
Debt Coverage: DOFI's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: DOFI's interest payments on its debt are not well covered by EBIT (1.6x coverage).