Scatec Balance Sheet Health
Financial Health criteria checks 1/6
Scatec has a total shareholder equity of NOK12.3B and total debt of NOK27.3B, which brings its debt-to-equity ratio to 222.8%. Its total assets and total liabilities are NOK43.5B and NOK31.2B respectively. Scatec's EBIT is NOK2.2B making its interest coverage ratio 0.9. It has cash and short-term investments of NOK2.8B.
Key information
222.8%
Debt to equity ratio
NOK 27.34b
Debt
| Interest coverage ratio | 0.9x |
| Cash | NOK 2.81b |
| Equity | NOK 12.27b |
| Total liabilities | NOK 31.21b |
| Total assets | NOK 43.48b |
Recent financial health updates
Scatec (OB:SCATC) Seems To Be Using A Lot Of Debt
Oct 22
Scatec (OB:SCATC) Has A Somewhat Strained Balance Sheet
Jul 16Does Scatec (OB:SCATC) Have A Healthy Balance Sheet?
Sep 26Is Scatec (OB:SCATC) Using Too Much Debt?
Jun 19Is Scatec (OB:SCATC) Using Too Much Debt?
Mar 09Recent updates
Analysts' Revenue Estimates For Scatec ASA (OB:SCATC) Are Surging Higher
Oct 31Scatec (OB:SCATC) Seems To Be Using A Lot Of Debt
Oct 22Does Scatec (OB:SCATC) Deserve A Spot On Your Watchlist?
Sep 14Scatec's (OB:SCATC) Earnings Are Weaker Than They Seem
Aug 24Scatec (OB:SCATC) Has A Somewhat Strained Balance Sheet
Jul 16Is Now An Opportune Moment To Examine Scatec ASA (OB:SCATC)?
Jun 19An Intrinsic Calculation For Scatec ASA (OB:SCATC) Suggests It's 45% Undervalued
Jun 04Why We're Not Concerned About Scatec ASA's (OB:SCATC) Share Price
May 22Here's What To Make Of Scatec's (OB:SCATC) Decelerating Rates Of Return
Apr 10Why Scatec ASA (OB:SCATC) Could Be Worth Watching
Mar 13Scatec (OB:SCATC) Is Posting Healthy Earnings, But It Is Not All Good News
Feb 03Estimating The Fair Value Of Scatec ASA (OB:SCATC)
Dec 01Does Scatec (OB:SCATC) Have A Healthy Balance Sheet?
Sep 26Scatec (OB:SCATC) Will Want To Turn Around Its Return Trends
Aug 19Is Scatec (OB:SCATC) Using Too Much Debt?
Jun 19Scatec (OB:SCATC) Is Reinvesting At Lower Rates Of Return
May 08Is Scatec (OB:SCATC) Using Too Much Debt?
Mar 09Analysts Just Shipped A Notable Upgrade To Their Scatec ASA (OB:SCATC) Estimates
Feb 14There Are Reasons To Feel Uneasy About Scatec's (OB:SCATC) Returns On Capital
Nov 26Financial Position Analysis
Short Term Liabilities: SCATC's short term assets (NOK6.8B) do not cover its short term liabilities (NOK6.9B).
Long Term Liabilities: SCATC's short term assets (NOK6.8B) do not cover its long term liabilities (NOK24.3B).
Debt to Equity History and Analysis
Debt Level: SCATC's net debt to equity ratio (199.9%) is considered high.
Reducing Debt: SCATC's debt to equity ratio has reduced from 366.7% to 222.8% over the past 5 years.
Debt Coverage: SCATC's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: SCATC's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 07:33 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Scatec ASA is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Naisheng Cui | Barclays |
| Manuel Palomo | BNP Paribas Exane |
| Eivind Garvik | Carnegie Investment Bank AB |