SalMar Balance Sheet Health
Financial Health criteria checks 3/6
SalMar has a total shareholder equity of NOK23.1B and total debt of NOK13.9B, which brings its debt-to-equity ratio to 60.2%. Its total assets and total liabilities are NOK53.3B and NOK30.3B respectively. SalMar's EBIT is NOK9.5B making its interest coverage ratio 8.3. It has cash and short-term investments of NOK785.3M.
Key information
60.2%
Debt to equity ratio
kr13.89b
Debt
| Interest coverage ratio | 8.3x |
| Cash | kr785.27m |
| Equity | kr23.08b |
| Total liabilities | kr30.25b |
| Total assets | kr53.33b |
Recent financial health updates
Is SalMar (OB:SALM) Using Too Much Debt?
Mar 20
Here's Why SalMar (OB:SALM) Can Manage Its Debt Responsibly
Dec 06SalMar (OB:SALM) Seems To Use Debt Quite Sensibly
Aug 26These 4 Measures Indicate That SalMar (OB:SALM) Is Using Debt Reasonably Well
Apr 23Is SalMar (OB:SALM) Using Too Much Debt?
Dec 22SalMar (OB:SALM) Seems To Use Debt Quite Sensibly
Sep 15Recent updates
Is SalMar (OB:SALM) Using Too Much Debt?
Mar 20SalMar's (OB:SALM) Soft Earnings Don't Show The Whole Picture
Feb 22Why Investors Shouldn't Be Surprised By SalMar ASA's (OB:SALM) P/S
Jan 23Here's Why SalMar (OB:SALM) Can Manage Its Debt Responsibly
Dec 06Is There An Opportunity With SalMar ASA's (OB:SALM) 42% Undervaluation?
Sep 22SalMar (OB:SALM) Seems To Use Debt Quite Sensibly
Aug 26With EPS Growth And More, SalMar (OB:SALM) Makes An Interesting Case
Aug 01SalMar (OB:SALM) Has Announced A Dividend Of NOK20.00
May 17SalMar ASA (OB:SALM) Shares Could Be 32% Below Their Intrinsic Value Estimate
May 08These 4 Measures Indicate That SalMar (OB:SALM) Is Using Debt Reasonably Well
Apr 23SalMar (OB:SALM) Is Paying Out A Dividend Of NOK20.00
Apr 05Is SalMar (OB:SALM) Using Too Much Debt?
Dec 22Is SalMar ASA (OB:SALM) Trading At A 27% Discount?
Nov 17SalMar (OB:SALM) Seems To Use Debt Quite Sensibly
Sep 15Calculating The Fair Value Of SalMar ASA (OB:SALM)
Aug 18SalMar (OB:SALM) Is Due To Pay A Dividend Of kr20.00
May 04SalMar (OB:SALM) Has Re-Affirmed Its Dividend Of kr20.00
Apr 20SalMar (OB:SALM) Has Affirmed Its Dividend Of kr20.00
Apr 06SalMar (OB:SALM) Will Pay A Dividend Of kr20.00
Mar 23SalMar's (OB:SALM) Dividend Will Be kr20.00
Mar 07SalMar (OB:SALM) Has Affirmed Its Dividend Of kr20.00
Feb 21SalMar ASA's (OB:SALM) Intrinsic Value Is Potentially 90% Above Its Share Price
Dec 26These 4 Measures Indicate That SalMar (OB:SALM) Is Using Debt Extensively
Dec 07Is There An Opportunity With SalMar ASA's (OB:SALM) 49% Undervaluation?
Sep 19Is SalMar (OB:SALM) A Risky Investment?
Sep 02SalMar's (OB:SALM) Returns On Capital Not Reflecting Well On The Business
Jun 15An Intrinsic Calculation For SalMar ASA (OB:SALM) Suggests It's 44% Undervalued
May 25Is SalMar (OB:SALM) A Risky Investment?
Mar 22Financial Position Analysis
Short Term Liabilities: SALM's short term assets (NOK17.8B) exceed its short term liabilities (NOK9.8B).
Long Term Liabilities: SALM's short term assets (NOK17.8B) do not cover its long term liabilities (NOK20.5B).
Debt to Equity History and Analysis
Debt Level: SALM's net debt to equity ratio (56.8%) is considered high.
Reducing Debt: SALM's debt to equity ratio has increased from 15.6% to 60.2% over the past 5 years.
Debt Coverage: SALM's debt is well covered by operating cash flow (66.9%).
Interest Coverage: SALM's interest payments on its debt are well covered by EBIT (8.3x coverage).