Grieg Seafood Balance Sheet Health
Financial Health criteria checks 2/6
Grieg Seafood has a total shareholder equity of NOK5.5B and total debt of NOK4.3B, which brings its debt-to-equity ratio to 78%. Its total assets and total liabilities are NOK13.1B and NOK7.6B respectively.
Key information
78.0%
Debt to equity ratio
NOK 4.26b
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 365.59m |
| Equity | NOK 5.46b |
| Total liabilities | NOK 7.62b |
| Total assets | NOK 13.08b |
Recent financial health updates
Grieg Seafood (OB:GSF) Has A Somewhat Strained Balance Sheet
Aug 14
These 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
Investors 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 (NOK5.0B) exceed its short term liabilities (NOK3.0B).
Long Term Liabilities: GSF's short term assets (NOK5.0B) exceed its long term liabilities (NOK4.6B).
Debt to Equity History and Analysis
Debt Level: GSF's net debt to equity ratio (71.3%) is considered high.
Reducing Debt: GSF's debt to equity ratio has increased from 57.8% to 78% 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.