Scatec Balance Sheet Health
Financial Health criteria checks 1/6
Scatec has a total shareholder equity of NOK10.5B and total debt of NOK26.1B, which brings its debt-to-equity ratio to 248.2%. Its total assets and total liabilities are NOK42.2B and NOK31.7B respectively. Scatec's EBIT is NOK2.0B making its interest coverage ratio 1. It has cash and short-term investments of NOK2.7B.
Key information
248.2%
Debt to equity ratio
NOK 26.10b
Debt
Interest coverage ratio | 1x |
Cash | NOK 2.71b |
Equity | NOK 10.52b |
Total liabilities | NOK 31.73b |
Total assets | NOK 42.24b |
Recent financial health updates
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 09Scatec (OB:SCATC) Use Of Debt Could Be Considered Risky
Oct 25Recent updates
Scatec'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 26Scatec (OB:SCATC) Use Of Debt Could Be Considered Risky
Oct 25Industry Analysts Just Upgraded Their Scatec ASA (OB:SCATC) Revenue Forecasts By 11%
Sep 11This Just In: Analysts Are Boosting Their Scatec ASA (OB:SCATC) Outlook for This Year
Aug 02Financial Position Analysis
Short Term Liabilities: SCATC's short term assets (NOK7.0B) do not cover its short term liabilities (NOK7.3B).
Long Term Liabilities: SCATC's short term assets (NOK7.0B) do not cover its long term liabilities (NOK24.4B).
Debt to Equity History and Analysis
Debt Level: SCATC's net debt to equity ratio (222.4%) is considered high.
Reducing Debt: SCATC's debt to equity ratio has reduced from 553.1% to 248.2% over the past 5 years.
Debt Coverage: SCATC's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: SCATC's interest payments on its debt are not well covered by EBIT (1x coverage).