Norsk Hydro Balance Sheet Health
Financial Health criteria checks 5/6
Norsk Hydro has a total shareholder equity of NOK105.5B and total debt of NOK37.8B, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are NOK206.8B and NOK101.3B respectively. Norsk Hydro's EBIT is NOK38.1B making its interest coverage ratio 31.5. It has cash and short-term investments of NOK22.8B.
Key information
35.8%
Debt to equity ratio
NOK 37.80b
Debt
| Interest coverage ratio | 31.5x |
| Cash | NOK 22.80b |
| Equity | NOK 105.50b |
| Total liabilities | NOK 101.26b |
| Total assets | NOK 206.76b |
Recent financial health updates
These 4 Measures Indicate That Norsk Hydro (OB:NHY) Is Using Debt Extensively
Oct 19
Norsk Hydro (OB:NHY) Takes On Some Risk With Its Use Of Debt
Jul 05Recent updates
Investors Appear Satisfied With Norsk Hydro ASA's (OB:NHY) Prospects
Nov 20There May Be Some Bright Spots In Norsk Hydro's (OB:NHY) Earnings
Nov 02Norsk Hydro ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Oct 27These 4 Measures Indicate That Norsk Hydro (OB:NHY) Is Using Debt Extensively
Oct 19An Intrinsic Calculation For Norsk Hydro ASA (OB:NHY) Suggests It's 43% Undervalued
Sep 02There's Reason For Concern Over Norsk Hydro ASA's (OB:NHY) Price
Aug 12Norsk Hydro (OB:NHY) Is Reinvesting To Multiply In Value
Jul 20Norsk Hydro (OB:NHY) Takes On Some Risk With Its Use Of Debt
Jul 05Norsk Hydro's (OB:NHY) Shareholders Will Receive A Smaller Dividend Than Last Year
Apr 29Norsk Hydro ASA Just Missed Earnings - But Analysts Have Updated Their Models
Apr 28Norsk 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 08Financial Position Analysis
Short Term Liabilities: NHY's short term assets (NOK79.0B) exceed its short term liabilities (NOK49.5B).
Long Term Liabilities: NHY's short term assets (NOK79.0B) exceed its long term liabilities (NOK51.7B).
Debt to Equity History and Analysis
Debt Level: NHY's net debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: NHY's debt to equity ratio has increased from 30.8% to 35.8% over the past 5 years.
Debt Coverage: NHY's debt is well covered by operating cash flow (31.9%).
Interest Coverage: NHY's interest payments on its debt are well covered by EBIT (31.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:31 |
| 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 |
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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 here.
Analysis Model and Snowflake
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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
Norsk Hydro ASA is covered by 42 analysts. 13 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 |
|---|---|
| Bengt Jonassen | ABG Sundal Collier |
| Varun Sikka | AlphaValue |
| Thomas Lorck | Arctic Securities ASA |