SalMar Balance Sheet Health
Financial Health criteria checks 3/6
SalMar has a total shareholder equity of NOK20.2B and total debt of NOK17.4B, which brings its debt-to-equity ratio to 86%. Its total assets and total liabilities are NOK54.4B and NOK34.2B respectively. SalMar's EBIT is NOK5.1B making its interest coverage ratio 4.2. It has cash and short-term investments of NOK518.0M.
Key information
86.0%
Debt to equity ratio
NOK 17.42b
Debt
| Interest coverage ratio | 4.2x |
| Cash | NOK 518.00m |
| Equity | NOK 20.24b |
| Total liabilities | NOK 34.19b |
| Total assets | NOK 54.43b |
Recent financial health updates
Does SalMar (OB:SALM) Have A Healthy Balance Sheet?
Dec 11
Is SalMar (OB:SALM) Using Too Much Debt?
Jul 12Recent updates
SalMar (OB:SALM) Is Reducing Its Dividend To NOK22.00
Apr 13SalMar ASA Just Recorded A 7.3% EPS Beat: Here's What Analysts Are Forecasting Next
Feb 22Earnings Tell The Story For SalMar ASA (OB:SALM)
Feb 14Does SalMar (OB:SALM) Have A Healthy Balance Sheet?
Dec 11
Decisive Acquisitions And Offshore Innovations Set The Stage For Robust Growth In 2025
Nov 30 Strategic acquisitions and focus on offshore farming technology aim to optimize operations, enhance value creation, and improve revenue and earnings.Pinning Down SalMar ASA's (OB:SALM) P/E Is Difficult Right Now
Sep 09Is SalMar (OB:SALM) Using Too Much Debt?
Jul 12SalMar ASA's (OB:SALM) Share Price Matching Investor Opinion
May 21Financial Position Analysis
Short Term Liabilities: SALM's short term assets (NOK17.9B) exceed its short term liabilities (NOK10.3B).
Long Term Liabilities: SALM's short term assets (NOK17.9B) do not cover its long term liabilities (NOK23.9B).
Debt to Equity History and Analysis
Debt Level: SALM's net debt to equity ratio (83.5%) is considered high.
Reducing Debt: SALM's debt to equity ratio has increased from 32.2% to 86% over the past 5 years.
Debt Coverage: SALM's debt is well covered by operating cash flow (30.9%).
Interest Coverage: SALM's interest payments on its debt are well covered by EBIT (4.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/07 07:26 |
| End of Day Share Price | 2025/05/07 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
SalMar ASA is covered by 19 analysts. 7 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 |
|---|---|
| null null | ABG Sundal Collier |
| Thomas Lorck | Arctic Securities ASA |
| Alexander Sloane | Barclays |