Grieg Seafood Balance Sheet Health
Financial Health criteria checks 2/6
Grieg Seafood has a total shareholder equity of NOK5.4B and total debt of NOK4.6B, which brings its debt-to-equity ratio to 83.8%. Its total assets and total liabilities are NOK13.8B and NOK8.4B respectively.
Key information
83.8%
Debt to equity ratio
NOK 4.55b
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 155.11m |
| Equity | NOK 5.43b |
| Total liabilities | NOK 8.38b |
| Total assets | NOK 13.82b |
Recent financial health updates
Is Grieg Seafood (OB:GSF) Using Debt Sensibly?
Nov 27
Grieg Seafood (OB:GSF) Has A Somewhat Strained Balance Sheet
Aug 14These 4 Measures Indicate That Grieg Seafood (OB:GSF) Is Using Debt Extensively
Sep 06Is Grieg Seafood (OB:GSF) A Risky Investment?
May 10We Think Grieg Seafood (OB:GSF) Can Manage Its Debt With Ease
Sep 20Grieg Seafood (OB:GSF) Could Easily Take On More Debt
Jun 21Recent updates
Is Grieg Seafood (OB:GSF) Using Debt Sensibly?
Nov 27Investors Continue Waiting On Sidelines For Grieg Seafood ASA (OB:GSF)
Oct 29Grieg Seafood (OB:GSF) Has A Somewhat Strained Balance Sheet
Aug 14Calculating The Intrinsic Value Of Grieg Seafood ASA (OB:GSF)
Apr 26Results: Grieg Seafood ASA Confounded Analyst Expectations With A Surprise Profit
Feb 25Take Care Before Diving Into The Deep End On Grieg Seafood ASA (OB:GSF)
Jan 09Is Grieg Seafood ASA (OB:GSF) Trading At A 24% Discount?
Dec 20Some Investors May Be Worried About Grieg Seafood's (OB:GSF) Returns On Capital
Oct 05These 4 Measures Indicate That Grieg Seafood (OB:GSF) Is Using Debt Extensively
Sep 06Some Investors May Be Worried About Grieg Seafood's (OB:GSF) Returns On Capital
Jun 22Is Grieg Seafood (OB:GSF) A Risky Investment?
May 10Grieg Seafood (OB:GSF) Is Paying Out A Larger Dividend Than Last Year
Apr 03Grieg Seafood (OB:GSF) Might Be Having Difficulty Using Its Capital Effectively
Feb 08Grieg Seafood ASA's (OB:GSF) Intrinsic Value Is Potentially 24% Below Its Share Price
Jan 26Here's Why We Think Grieg Seafood (OB:GSF) Might Deserve Your Attention Today
Jan 09We Think Grieg Seafood (OB:GSF) Can Manage Its Debt With Ease
Sep 20Grieg Seafood (OB:GSF) Will Want To Turn Around Its Return Trends
Aug 03Grieg Seafood (OB:GSF) Could Easily Take On More Debt
Jun 21Estimating The Intrinsic Value Of Grieg Seafood ASA (OB:GSF)
May 22Financial Position Analysis
Short Term Liabilities: GSF's short term assets (NOK5.5B) exceed its short term liabilities (NOK3.4B).
Long Term Liabilities: GSF's short term assets (NOK5.5B) exceed its long term liabilities (NOK4.9B).
Debt to Equity History and Analysis
Debt Level: GSF's net debt to equity ratio (81%) is considered high.
Reducing Debt: GSF's debt to equity ratio has increased from 48.7% to 83.8% over the past 5 years.
Debt Coverage: GSF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GSF's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 19:25 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Grieg Seafood ASA is covered by 15 analysts. 7 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 |
|---|---|
| null null | ABG Sundal Collier |
| Knut Løvstad | Beringer Finance AB |
| Niklas Ekman | Carnegie Investment Bank AB |