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Norway Royal Salmon Balance Sheet Health
Financial Health criteria checks 3/6
Key information
42.1%
Debt to equity ratio
kr1.96b
Debt
| Interest coverage ratio | 5.2x |
| Cash | kr79.83m |
| Equity | kr4.66b |
| Total liabilities | kr4.15b |
| Total assets | kr8.81b |
Recent financial health updates
Recent updates
Here's Why Norway Royal Salmon (OB:NRS) Has A Meaningful Debt Burden
Jun 08
Estimating The Intrinsic Value Of Norway Royal Salmon AS (OB:NRS)
Feb 17Norway Royal Salmon AS (OB:NRS) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Jan 30
Did You Participate In Any Of Norway Royal Salmon's (OB:NRS) Fantastic 196% Return ?
Jan 12How Does Norway Royal Salmon AS (OB:NRS) Fare As A Dividend Stock?
Dec 21We're Not So Sure You Should Rely on Norway Royal Salmon's (OB:NRS) Statutory Earnings
Dec 07A Look At The Intrinsic Value Of Norway Royal Salmon AS (OB:NRS)
Nov 18Financial Position Analysis
Short Term Liabilities: NRS's short term assets (NOK2.5B) exceed its short term liabilities (NOK1.3B).
Long Term Liabilities: NRS's short term assets (NOK2.5B) do not cover its long term liabilities (NOK2.8B).
Debt to Equity History and Analysis
Debt Level: NRS's net debt to equity ratio (40.4%) is considered high.
Reducing Debt: NRS's debt to equity ratio has increased from 28.6% to 42.1% over the past 5 years.
Debt Coverage: NRS's debt is well covered by operating cash flow (34.6%).
Interest Coverage: NRS's interest payments on its debt are well covered by EBIT (5.2x coverage).