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 ratio | 5.2x |
| Cash | NOK 490.00m |
| Equity | NOK 19.48b |
| Total liabilities | NOK 35.49b |
| Total assets | NOK 54.96b |
Recent financial health updates
Does SalMar (OB:SALM) Have A Healthy Balance Sheet?
Dec 11
Is SalMar (OB:SALM) Using Too Much Debt?
Jul 12Is SalMar (OB:SALM) Using Too Much Debt?
Mar 20Recent updates
Does SalMar (OB:SALM) Have A Healthy Balance Sheet?
Dec 11Pinning 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 21SalMar (OB:SALM) Has Announced That It Will Be Increasing Its Dividend To NOK35.00
Apr 28Is 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 23Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 12:08 |
| 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 |
| |
| 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
SalMar ASA is covered by 21 analysts. 9 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 |