Eiendomsspar Balance Sheet Health
Financial Health criteria checks 1/6
Eiendomsspar has a total shareholder equity of NOK9.1B and total debt of NOK10.7B, which brings its debt-to-equity ratio to 118.5%. Its total assets and total liabilities are NOK20.8B and NOK11.8B respectively. Eiendomsspar's EBIT is NOK648.7M making its interest coverage ratio 1.8. It has cash and short-term investments of NOK206.3M.
Key information
118.5%
Debt to equity ratio
NOK 10.74b
Debt
| Interest coverage ratio | 1.8x |
| Cash | NOK 206.30m |
| Equity | NOK 9.07b |
| Total liabilities | NOK 11.76b |
| Total assets | NOK 20.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EISP's short term assets (NOK360.2M) do not cover its short term liabilities (NOK810.1M).
Long Term Liabilities: EISP's short term assets (NOK360.2M) do not cover its long term liabilities (NOK10.9B).
Debt to Equity History and Analysis
Debt Level: EISP's net debt to equity ratio (116.2%) is considered high.
Reducing Debt: EISP's debt to equity ratio has reduced from 127.4% to 118.5% over the past 5 years.
Debt Coverage: EISP's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: EISP's interest payments on its debt are not well covered by EBIT (1.8x coverage).