SalMar Balance Sheet Health

Financial Health criteria checks 3/6

SalMar has a total shareholder equity of NOK19.5B and total debt of NOK18.4B, which brings its debt-to-equity ratio to 94.7%. Its total assets and total liabilities are NOK55.0B and NOK35.5B respectively. SalMar's EBIT is NOK5.4B making its interest coverage ratio 5.2. It has cash and short-term investments of NOK490.0M.

Key information

94.7%

Debt to equity ratio

NOK 18.44b

Debt

Interest coverage ratio5.2x
CashNOK 490.00m
EquityNOK 19.48b
Total liabilitiesNOK 35.49b
Total assetsNOK 54.96b

Recent financial health updates

Recent updates

Pinning Down SalMar ASA's (OB:SALM) P/E Is Difficult Right Now

Sep 09
Pinning Down SalMar ASA's (OB:SALM) P/E Is Difficult Right Now

Is SalMar (OB:SALM) Using Too Much Debt?

Jul 12
Is SalMar (OB:SALM) Using Too Much Debt?

SalMar ASA's (OB:SALM) Share Price Matching Investor Opinion

May 21
SalMar ASA's (OB:SALM) Share Price Matching Investor Opinion

SalMar (OB:SALM) Has Announced That It Will Be Increasing Its Dividend To NOK35.00

Apr 28
SalMar (OB:SALM) Has Announced That It Will Be Increasing Its Dividend To NOK35.00

Is SalMar (OB:SALM) Using Too Much Debt?

Mar 20
Is SalMar (OB:SALM) Using Too Much Debt?

SalMar's (OB:SALM) Soft Earnings Don't Show The Whole Picture

Feb 22
SalMar's (OB:SALM) Soft Earnings Don't Show The Whole Picture

Why Investors Shouldn't Be Surprised By SalMar ASA's (OB:SALM) P/S

Jan 23
Why Investors Shouldn't Be Surprised By SalMar ASA's (OB:SALM) P/S

Financial Position Analysis

Short Term Liabilities: SALM's short term assets (NOK18.2B) exceed its short term liabilities (NOK11.1B).

Long Term Liabilities: SALM's short term assets (NOK18.2B) do not cover its long term liabilities (NOK24.4B).


Debt to Equity History and Analysis

Debt Level: SALM's net debt to equity ratio (92.1%) is considered high.

Reducing Debt: SALM's debt to equity ratio has increased from 32.5% to 94.7% over the past 5 years.

Debt Coverage: SALM's debt is well covered by operating cash flow (33%).

Interest Coverage: SALM's interest payments on its debt are well covered by EBIT (5.2x coverage).


Balance Sheet


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