Norske Skog Balance Sheet Health

Financial Health criteria checks 4/6

Norske Skog has a total shareholder equity of NOK6.0B and total debt of NOK5.2B, which brings its debt-to-equity ratio to 86%. Its total assets and total liabilities are NOK14.6B and NOK8.6B respectively. Norske Skog's EBIT is NOK908.0M making its interest coverage ratio 6.7. It has cash and short-term investments of NOK1.9B.

Key information

86.0%

Debt to equity ratio

kr5.16b

Debt

Interest coverage ratio	6.7x
Cash	kr1.92b
Equity	kr6.00b
Total liabilities	kr8.64b
Total assets	kr14.64b

Recent financial health updates

Recent updates

Is Norske Skog (OB:NSKOG) A Risky Investment?

Sep 09

Norske Skog ASA (OB:NSKOG) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Jul 19

Norske Skog (OB:NSKOG) Takes On Some Risk With Its Use Of Debt

Feb 16

Is Norske Skog (OB:NSKOG) A Risky Investment?

May 26

Did Norske Skog ASA (OB:NSKOG) Insiders Buy Up More Shares?

Feb 17

Norske Skog ASA (OB:NSKOG) Shares Could Be 25% Above Their Intrinsic Value Estimate

Jan 13

Norske Skog (OB:NSKOG) Share Prices Have Dropped 18% In The Last Year

Dec 16

Norske Skog (OB:NSKOG) Has A Somewhat Strained Balance Sheet

Nov 25

Financial Position Analysis

Short Term Liabilities: NSKOG's short term assets (NOK5.0B) exceed its short term liabilities (NOK2.9B).

Long Term Liabilities: NSKOG's short term assets (NOK5.0B) do not cover its long term liabilities (NOK5.8B).

Debt to Equity History and Analysis

Debt Level: NSKOG's net debt to equity ratio (54.1%) is considered high.

Reducing Debt: NSKOG's debt to equity ratio has reduced from 134.5% to 86% over the past 5 years.

Debt Coverage: NSKOG's debt is well covered by operating cash flow (27.7%).

Interest Coverage: NSKOG's interest payments on its debt are well covered by EBIT (6.7x coverage).

Norske Skog Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Is Norske Skog (OB:NSKOG) A Risky Investment?

Norske Skog (OB:NSKOG) Takes On Some Risk With Its Use Of Debt

Is Norske Skog (OB:NSKOG) A Risky Investment?

Norske Skog (OB:NSKOG) Has A Somewhat Strained Balance Sheet

Recent updates

High number of new and inexperienced directors

Consensus EPS estimates fall by 64%

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates upgraded to kr0.035 loss

Price target decreased by 18% to kr46.67

Consensus EPS estimates fall by 76%

Full year 2023 earnings released: EPS: kr5.63 (vs kr27.28 in FY 2022)

Chief Executive Officer exercised options to buy kr10m worth of stock.

Consensus EPS estimates increase by 49%

Now 20% undervalued after recent price drop

Consensus EPS estimates increase by 283%

Norske Skog ASA Announces Chief Financial Officer Changes

Norske Skog ASA Announces Chief Financial Officer Changes

Consensus EPS estimates increase by 282%

Norske Skog ASA, Annual General Meeting, Apr 11, 2024

Price target decreased by 13% to kr66.67

Norske Skog ASA Announces Dividend, Payable on or About 28 November 2023

Price target decreased by 10% to kr73.33

Third quarter 2023 earnings released: EPS: kr1.45 (vs kr0.12 loss in 3Q 2022)

Consensus EPS estimates fall by 33%

Price target decreased by 9.8% to kr76.67

Oji Fibre Solutions (NZ) Limited acquired Tasman mill industrial site and remaining mill assets from Norske Skog ASA (OB:NSKOG).

Norske Skog ASA Announces Chief Executive Officer Changes

Norske Skog ASA Announces Chief Executive Officer Changes

Price target decreased by 7.5% to kr81.67

Consensus EPS estimates fall by 89%

New minor risk - Profit margin trend

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 14%, revenue upgraded

Insider recently bought kr516k worth of stock

Price target decreased by 8.8% to kr93.33

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Independent Director recently bought kr567k worth of stock

CEO & President exercised options to buy kr38m worth of stock.

Price target increased by 9.6% to kr102

Norske Skog ASA Proposes Dividend

Norske Skog ASA to Report Fiscal Year 2022 Results on Mar 30, 2023

Norske Skog ASA to Report Q3, 2023 Results on Oct 20, 2023

Less than half of directors are independent

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates increase by 10%

Investor sentiment improved over the past week

Price target increased to kr93.33

Is Norske Skog (OB:NSKOG) A Risky Investment?

Byggma ASA (OB:BMA) acquired a 7.68% stake in Norske Skog ASA (OB:NSKOG).

Consensus EPS estimates increase by 42%

Norske Skog ASA (OB:NSKOG) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 20% undervalued

Consensus forecasts updated

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Less than half of directors are independent

Price target increased to kr83.33

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

CEO & President recently bought kr468k worth of stock

Norske Skog (OB:NSKOG) Takes On Some Risk With Its Use Of Debt

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased to kr65.33

Chairperson of the Board recently bought kr1.8m worth of stock

Price target increased to kr65.00

Third quarter 2021 earnings released

Price target increased to kr55.33

No independent directors

Norske Skog to Close the Tasman Mill in New Zealand and Sell Mill Assets

Is Norske Skog (OB:NSKOG) A Risky Investment?

Director recently bought kr137k worth of stock

Consensus forecasts updated

First quarter 2021 earnings released: EPS kr2.05 (vs kr4.53 loss in 1Q 2020)

Full year 2020 earnings released: kr22.84 loss per share (vs kr24.78 profit in FY 2019)

Did Norske Skog ASA (OB:NSKOG) Insiders Buy Up More Shares?

Analysts update estimates