Schibsted Balance Sheet Health
Financial Health criteria checks 6/6
Schibsted has a total shareholder equity of NOK45.0B and total debt of NOK5.2B, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are NOK58.4B and NOK13.4B respectively. Schibsted's EBIT is NOK1.3B making its interest coverage ratio 3.6. It has cash and short-term investments of NOK263.0M.
Key information
11.5%
Debt to equity ratio
kr5.16b
Debt
Interest coverage ratio | 3.6x |
Cash | kr263.00m |
Equity | kr44.97b |
Total liabilities | kr13.39b |
Total assets | kr58.37b |
Recent financial health updates
We Think Schibsted (OB:SCHA) Can Manage Its Debt With Ease
Mar 16Schibsted (OB:SCHA) Has A Rock Solid Balance Sheet
Nov 28Schibsted (OB:SCHA) Seems To Use Debt Rather Sparingly
Aug 03Recent updates
We Believe Schibsted's (OB:SCHA) Earnings Are A Poor Guide For Its Profitability
Apr 12What Is Schibsted ASA's (OB:SCHA) Share Price Doing?
Apr 01We Think Schibsted (OB:SCHA) Can Manage Its Debt With Ease
Mar 16A Look At The Intrinsic Value Of Schibsted ASA (OB:SCHA)
Feb 08Schibsted (OB:SCHA) Has A Rock Solid Balance Sheet
Nov 28Is Schibsted ASA (OB:SCHA) Expensive For A Reason? A Look At Its Intrinsic Value
Nov 10Here's Why We Think Schibsted (OB:SCHA) Is Well Worth Watching
Aug 29Schibsted (OB:SCHA) Seems To Use Debt Rather Sparingly
Aug 03Financial Position Analysis
Short Term Liabilities: SCHA's short term assets (NOK42.0B) exceed its short term liabilities (NOK4.7B).
Long Term Liabilities: SCHA's short term assets (NOK42.0B) exceed its long term liabilities (NOK8.7B).
Debt to Equity History and Analysis
Debt Level: SCHA's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: SCHA's debt to equity ratio has reduced from 27.1% to 11.5% over the past 5 years.
Debt Coverage: SCHA's debt is well covered by operating cash flow (31%).
Interest Coverage: SCHA's interest payments on its debt are well covered by EBIT (3.6x coverage).