Norsk Hydro Balance Sheet Health
Financial Health criteria checks 5/6
Norsk Hydro has a total shareholder equity of NOK107.2B and total debt of NOK31.0B, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are NOK206.5B and NOK99.3B respectively. Norsk Hydro's EBIT is NOK38.8B making its interest coverage ratio 51.6. It has cash and short-term investments of NOK26.4B.
Key information
28.9%
Debt to equity ratio
kr30.97b
Debt
| Interest coverage ratio | 51.6x |
| Cash | kr26.35b |
| Equity | kr107.18b |
| Total liabilities | kr99.28b |
| Total assets | kr206.46b |
Recent financial health updates
These 4 Measures Indicate That Norsk Hydro (OB:NHY) Is Using Debt Extensively
Dec 18
Is Norsk Hydro (OB:NHY) Using Too Much Debt?
Sep 10Norsk Hydro (OB:NHY) Has A Pretty Healthy Balance Sheet
Jun 06Here's Why Norsk Hydro (OB:NHY) Can Manage Its Debt Responsibly
Feb 15Recent updates
Norsk Hydro's (OB:NHY) Dividend Is Being Reduced To NOK2.50
Apr 13What Norsk Hydro ASA's (OB:NHY) 26% Share Price Gain Is Not Telling You
Apr 05Norsk Hydro's (OB:NHY) Dividend Will Be Reduced To NOK2.50
Mar 21Norsk Hydro's (OB:NHY) Dividend Will Be Reduced To NOK2.50
Mar 07Norsk Hydro (OB:NHY) Will Pay A Smaller Dividend Than Last Year
Feb 22Norsk Hydro's (OB:NHY) Soft Earnings Are Actually Better Than They Appear
Feb 20We Like Norsk Hydro's (OB:NHY) Returns And Here's How They're Trending
Feb 08Many Still Looking Away From Norsk Hydro ASA (OB:NHY)
Jan 08These 4 Measures Indicate That Norsk Hydro (OB:NHY) Is Using Debt Extensively
Dec 18Norsk Hydro ASA's (OB:NHY) Intrinsic Value Is Potentially 17% Below Its Share Price
Nov 14Why The 26% Return On Capital At Norsk Hydro (OB:NHY) Should Have Your Attention
Sep 28Is Norsk Hydro (OB:NHY) Using Too Much Debt?
Sep 10Estimating The Fair Value Of Norsk Hydro ASA (OB:NHY)
Aug 08Norsk Hydro (OB:NHY) Is Very Good At Capital Allocation
Jun 21Norsk Hydro (OB:NHY) Has A Pretty Healthy Balance Sheet
Jun 06Norsk Hydro (OB:NHY) Is Increasing Its Dividend To NOK5.65
May 04Does This Valuation Of Norsk Hydro ASA (OB:NHY) Imply Investors Are Overpaying?
Apr 20Norsk Hydro (OB:NHY) Is Increasing Its Dividend To NOK5.65
Apr 05Under The Bonnet, Norsk Hydro's (OB:NHY) Returns Look Impressive
Mar 02Norsk Hydro (OB:NHY) Will Pay A Larger Dividend Than Last Year At NOK5.65
Feb 17Here's Why Norsk Hydro (OB:NHY) Can Manage Its Debt Responsibly
Feb 15Here's Why We Think Norsk Hydro (OB:NHY) Is Well Worth Watching
Jan 21A Look At The Fair Value Of Norsk Hydro ASA (OB:NHY)
Dec 28Norsk Hydro ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jul 26Here's Why We Think Norsk Hydro (OB:NHY) Is Well Worth Watching
Jul 20An Intrinsic Calculation For Norsk Hydro ASA (OB:NHY) Suggests It's 34% Undervalued
Jun 05Financial Position Analysis
Short Term Liabilities: NHY's short term assets (NOK83.7B) exceed its short term liabilities (NOK44.0B).
Long Term Liabilities: NHY's short term assets (NOK83.7B) exceed its long term liabilities (NOK55.2B).
Debt to Equity History and Analysis
Debt Level: NHY's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: NHY's debt to equity ratio has increased from 16.1% to 28.9% over the past 5 years.
Debt Coverage: NHY's debt is well covered by operating cash flow (71.7%).
Interest Coverage: NHY's interest payments on its debt are well covered by EBIT (51.6x coverage).