XXL Balance Sheet Health
Financial Health criteria checks 3/6
XXL has a total shareholder equity of NOK2.1B and total debt of NOK1.2B, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are NOK7.3B and NOK5.2B respectively.
Key information
57.5%
Debt to equity ratio
kr1.21b
Debt
| Interest coverage ratio | n/a |
| Cash | kr142.00m |
| Equity | kr2.11b |
| Total liabilities | kr5.18b |
| Total assets | kr7.29b |
Recent financial health updates
Does XXL (OB:XXL) Have A Healthy Balance Sheet?
Mar 29
We Think XXL (OB:XXL) Can Stay On Top Of Its Debt
Oct 29Is XXL (OB:XXL) Using Too Much Debt?
Jun 05Is XXL (OB:XXL) Using Too Much Debt?
Nov 20
Recent updates
XXL ASA (OB:XXL) Stocks Pounded By 26% But Not Lagging Industry On Growth Or Pricing
Feb 25XXL ASA (OB:XXL) Looks Just Right With A 25% Price Jump
Jan 05Does XXL (OB:XXL) Have A Healthy Balance Sheet?
Mar 29Some Investors May Be Worried About XXL's (OB:XXL) Returns On Capital
Dec 14The Returns On Capital At XXL (OB:XXL) Don't Inspire Confidence
Sep 06The Returns On Capital At XXL (OB:XXL) Don't Inspire Confidence
Dec 19We Think XXL (OB:XXL) Can Stay On Top Of Its Debt
Oct 29Is XXL (OB:XXL) Using Too Much Debt?
Jun 05Some Investors May Be Worried About XXL's (OB:XXL) Returns On Capital
May 18We Think XXL's (OB:XXL) Profit Is Only A Baseline For What They Can Achieve
Apr 29A Look At The Fair Value Of XXL ASA (OB:XXL)
Apr 06How Many XXL ASA (OB:XXL) Shares Do Institutions Own?
Dec 17Is XXL (OB:XXL) Using Too Much Debt?
Nov 20Financial Position Analysis
Short Term Liabilities: XXL's short term assets (NOK2.3B) do not cover its short term liabilities (NOK3.5B).
Long Term Liabilities: XXL's short term assets (NOK2.3B) exceed its long term liabilities (NOK1.7B).
Debt to Equity History and Analysis
Debt Level: XXL's net debt to equity ratio (50.8%) is considered high.
Reducing Debt: XXL's debt to equity ratio has reduced from 62.4% to 57.5% over the past 5 years.
Debt Coverage: XXL's debt is well covered by operating cash flow (23%).
Interest Coverage: Insufficient data to determine if XXL's interest payments on its debt are well covered by EBIT.