Eiendomsspar Balance Sheet Health
Financial Health criteria checks 0/6
Eiendomsspar has a total shareholder equity of NOK8.6B and total debt of NOK9.9B, which brings its debt-to-equity ratio to 114.9%. Its total assets and total liabilities are NOK19.9B and NOK11.3B respectively. Eiendomsspar's EBIT is NOK371.9M making its interest coverage ratio 1.1. It has cash and short-term investments of NOK233.9M.
Key information
114.9%
Debt to equity ratio
kr9.88b
Debt
| Interest coverage ratio | 1.1x |
| Cash | kr233.90m |
| Equity | kr8.60b |
| Total liabilities | kr11.32b |
| Total assets | kr19.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EISP's short term assets (NOK407.5M) do not cover its short term liabilities (NOK637.4M).
Long Term Liabilities: EISP's short term assets (NOK407.5M) do not cover its long term liabilities (NOK10.7B).
Debt to Equity History and Analysis
Debt Level: EISP's net debt to equity ratio (112.2%) is considered high.
Reducing Debt: EISP's debt to equity ratio has increased from 81.3% to 114.9% over the past 5 years.
Debt Coverage: EISP's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: EISP's interest payments on its debt are not well covered by EBIT (1.1x coverage).