SalMar Balance Sheet Health
Financial Health criteria checks 3/6
SalMar has a total shareholder equity of NOK23.8B and total debt of NOK13.3B, which brings its debt-to-equity ratio to 55.7%. Its total assets and total liabilities are NOK52.0B and NOK28.2B respectively. SalMar's EBIT is NOK7.7B making its interest coverage ratio 6.9. It has cash and short-term investments of NOK667.0M.
Key information
55.7%
Debt to equity ratio
kr13.25b
Debt
Interest coverage ratio | 6.9x |
Cash | kr667.00m |
Equity | kr23.79b |
Total liabilities | kr28.22b |
Total assets | kr52.01b |
Recent financial health updates
Is SalMar (OB:SALM) Using Too Much Debt?
Mar 20Here'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
SalMar 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 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 15Financial Position Analysis
Short Term Liabilities: SALM's short term assets (NOK16.1B) exceed its short term liabilities (NOK7.9B).
Long Term Liabilities: SALM's short term assets (NOK16.1B) do not cover its long term liabilities (NOK20.3B).
Debt to Equity History and Analysis
Debt Level: SALM's net debt to equity ratio (52.9%) is considered high.
Reducing Debt: SALM's debt to equity ratio has increased from 12.7% to 55.7% over the past 5 years.
Debt Coverage: SALM's debt is well covered by operating cash flow (66.4%).
Interest Coverage: SALM's interest payments on its debt are well covered by EBIT (6.9x coverage).