P/F Bakkafrost Balance Sheet Health
Financial Health criteria checks 4/6
P/F Bakkafrost has a total shareholder equity of DKK10.7B and total debt of DKK3.6B, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are DKK17.4B and DKK6.7B respectively. P/F Bakkafrost's EBIT is DKK1.2B making its interest coverage ratio 6.2. It has cash and short-term investments of DKK607.8M.
Key information
33.3%
Debt to equity ratio
DKK 3.57b
Debt
| Interest coverage ratio | 6.2x |
| Cash | DKK 607.75m |
| Equity | DKK 10.74b |
| Total liabilities | DKK 6.66b |
| Total assets | DKK 17.41b |
Recent financial health updates
Is P/F Bakkafrost (OB:BAKKA) Using Too Much Debt?
Aug 06
Does P/F Bakkafrost (OB:BAKKA) Have A Healthy Balance Sheet?
Jan 31P/F Bakkafrost (OB:BAKKA) Has A Somewhat Strained Balance Sheet
Sep 15These 4 Measures Indicate That P/F Bakkafrost (OB:BAKKA) Is Using Debt Reasonably Well
May 29We Think P/F Bakkafrost (OB:BAKKA) Can Stay On Top Of Its Debt
Feb 27Here's Why P/F Bakkafrost (OB:BAKKA) Can Manage Its Debt Responsibly
Nov 28Recent updates
P/F Bakkafrost Just Missed Earnings; Here's What Analysts Are Forecasting Now
Aug 29Is P/F Bakkafrost (OB:BAKKA) Using Too Much Debt?
Aug 06The Returns On Capital At P/F Bakkafrost (OB:BAKKA) Don't Inspire Confidence
Jul 19P/F Bakkafrost (OB:BAKKA) Is Paying Out Less In Dividends Than Last Year
Apr 29P/F Bakkafrost's (OB:BAKKA) Dividend Is Being Reduced To DKK13.26
Apr 06The Returns On Capital At P/F Bakkafrost (OB:BAKKA) Don't Inspire Confidence
Feb 15Does P/F Bakkafrost (OB:BAKKA) Have A Healthy Balance Sheet?
Jan 31Estimating The Intrinsic Value Of P/F Bakkafrost (OB:BAKKA)
Jan 15What You Can Learn From P/F Bakkafrost's (OB:BAKKA) P/E
Jan 01P/F Bakkafrost's (OB:BAKKA) Intrinsic Value Is Potentially 20% Below Its Share Price
Oct 16P/F Bakkafrost (OB:BAKKA) Has A Somewhat Strained Balance Sheet
Sep 15P/F Bakkafrost (OB:BAKKA) Is Reinvesting At Lower Rates Of Return
Aug 14With EPS Growth And More, P/F Bakkafrost (OB:BAKKA) Makes An Interesting Case
Jul 26These 4 Measures Indicate That P/F Bakkafrost (OB:BAKKA) Is Using Debt Reasonably Well
May 29P/F Bakkafrost (OB:BAKKA) Is Reinvesting At Lower Rates Of Return
May 14P/F Bakkafrost's (OB:BAKKA) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 28Is Now The Time To Put P/F Bakkafrost (OB:BAKKA) On Your Watchlist?
Apr 27We Think P/F Bakkafrost (OB:BAKKA) Can Stay On Top Of Its Debt
Feb 27An Intrinsic Calculation For P/F Bakkafrost (OB:BAKKA) Suggests It's 48% Undervalued
Feb 14P/F Bakkafrost (OB:BAKKA) May Have Issues Allocating Its Capital
Jan 27With EPS Growth And More, P/F Bakkafrost (OB:BAKKA) Makes An Interesting Case
Jan 12Here's Why P/F Bakkafrost (OB:BAKKA) Can Manage Its Debt Responsibly
Nov 28Be Wary Of P/F Bakkafrost (OB:BAKKA) And Its Returns On Capital
Oct 15Is P/F Bakkafrost (OB:BAKKA) Using Too Much Debt?
Aug 18P/F Bakkafrost (OB:BAKKA) Will Be Hoping To Turn Its Returns On Capital Around
Jul 14Is P/F Bakkafrost (OB:BAKKA) Trading At A 44% Discount?
Jun 14Is P/F Bakkafrost (OB:BAKKA) Using Too Much Debt?
May 17Some Investors May Be Worried About P/F Bakkafrost's (OB:BAKKA) Returns On Capital
Mar 15Financial Position Analysis
Short Term Liabilities: BAKKA's short term assets (DKK5.3B) exceed its short term liabilities (DKK800.0M).
Long Term Liabilities: BAKKA's short term assets (DKK5.3B) do not cover its long term liabilities (DKK5.9B).
Debt to Equity History and Analysis
Debt Level: BAKKA's net debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: BAKKA's debt to equity ratio has increased from 26.1% to 33.3% over the past 5 years.
Debt Coverage: BAKKA's debt is well covered by operating cash flow (50%).
Interest Coverage: BAKKA's interest payments on its debt are well covered by EBIT (6.2x coverage).