Orkla Balance Sheet Health
Financial Health criteria checks 5/6
Orkla has a total shareholder equity of NOK49.4B and total debt of NOK18.3B, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are NOK89.2B and NOK39.9B respectively. Orkla's EBIT is NOK7.4B making its interest coverage ratio 7.5. It has cash and short-term investments of NOK1.1B.
Key information
37.1%
Debt to equity ratio
NOK 18.33b
Debt
| Interest coverage ratio | 7.5x |
| Cash | NOK 1.15b |
| Equity | NOK 49.38b |
| Total liabilities | NOK 39.86b |
| Total assets | NOK 89.23b |
Recent financial health updates
These 4 Measures Indicate That Orkla (OB:ORK) Is Using Debt Reasonably Well
Oct 14
Is Orkla (OB:ORK) Using Too Much Debt?
Jul 11We Think Orkla (OB:ORK) Is Taking Some Risk With Its Debt
Apr 08Recent updates
Orkla's (OB:ORK) Returns Have Hit A Wall
Dec 10Orkla (OB:ORK) Ticks All The Boxes When It Comes To Earnings Growth
Nov 13Orkla ASA's (OB:ORK) Shareholders Might Be Looking For Exit
Oct 29These 4 Measures Indicate That Orkla (OB:ORK) Is Using Debt Reasonably Well
Oct 14Estimating The Fair Value Of Orkla ASA (OB:ORK)
Sep 14Orkla (OB:ORK) Has More To Do To Multiply In Value Going Forward
Aug 30Here's Why Orkla (OB:ORK) Has Caught The Eye Of Investors
Aug 02Is Orkla (OB:ORK) Using Too Much Debt?
Jul 11Orkla ASA's (OB:ORK) Popularity With Investors Is Under Threat From Overpricing
Jun 21Orkla (OB:ORK) Hasn't Managed To Accelerate Its Returns
May 22Orkla ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 06We Think Orkla (OB:ORK) Is Taking Some Risk With Its Debt
Apr 08Is Orkla ASA (OB:ORK) Trading At A 35% Discount?
Feb 19Orkla ASA's (OB:ORK) Share Price Could Signal Some Risk
Feb 01Returns At Orkla (OB:ORK) Appear To Be Weighed Down
Jan 13Financial Position Analysis
Short Term Liabilities: ORK's short term assets (NOK22.6B) exceed its short term liabilities (NOK17.4B).
Long Term Liabilities: ORK's short term assets (NOK22.6B) exceed its long term liabilities (NOK22.5B).
Debt to Equity History and Analysis
Debt Level: ORK's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: ORK's debt to equity ratio has increased from 24.6% to 37.1% over the past 5 years.
Debt Coverage: ORK's debt is well covered by operating cash flow (47.8%).
Interest Coverage: ORK's interest payments on its debt are well covered by EBIT (7.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:12 |
| End of Day Share Price | 2024/12/20 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Orkla ASA is covered by 24 analysts. 6 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 |
|---|---|
| Petter Nyström | ABG Sundal Collier |
| Kenneth Sivertsen | Arctic Securities ASA |
| Patrick Folan | Barclays |