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 22Scatec (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).