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 ratio1x
CashNOK 2.71b
EquityNOK 10.52b
Total liabilitiesNOK 31.73b
Total assetsNOK 42.24b

Recent financial health updates

Recent updates

Scatec's (OB:SCATC) Earnings Are Weaker Than They Seem

Aug 24
Scatec's (OB:SCATC) Earnings Are Weaker Than They Seem

Scatec (OB:SCATC) Has A Somewhat Strained Balance Sheet

Jul 16
Scatec (OB:SCATC) Has A Somewhat Strained Balance Sheet

Is Now An Opportune Moment To Examine Scatec ASA (OB:SCATC)?

Jun 19
Is Now An Opportune Moment To Examine Scatec ASA (OB:SCATC)?

An Intrinsic Calculation For Scatec ASA (OB:SCATC) Suggests It's 45% Undervalued

Jun 04
An Intrinsic Calculation For Scatec ASA (OB:SCATC) Suggests It's 45% Undervalued

Why We're Not Concerned About Scatec ASA's (OB:SCATC) Share Price

May 22
Why We're Not Concerned About Scatec ASA's (OB:SCATC) Share Price

Here's What To Make Of Scatec's (OB:SCATC) Decelerating Rates Of Return

Apr 10
Here's What To Make Of Scatec's (OB:SCATC) Decelerating Rates Of Return

Why Scatec ASA (OB:SCATC) Could Be Worth Watching

Mar 13
Why Scatec ASA (OB:SCATC) Could Be Worth Watching

Scatec (OB:SCATC) Is Posting Healthy Earnings, But It Is Not All Good News

Feb 03
Scatec (OB:SCATC) Is Posting Healthy Earnings, But It Is Not All Good News

Estimating The Fair Value Of Scatec ASA (OB:SCATC)

Dec 01
Estimating The Fair Value Of Scatec ASA (OB:SCATC)

Does Scatec (OB:SCATC) Have A Healthy Balance Sheet?

Sep 26
Does Scatec (OB:SCATC) Have A Healthy Balance Sheet?

Scatec (OB:SCATC) Will Want To Turn Around Its Return Trends

Aug 19
Scatec (OB:SCATC) Will Want To Turn Around Its Return Trends

Is Scatec (OB:SCATC) Using Too Much Debt?

Jun 19
Is Scatec (OB:SCATC) Using Too Much Debt?

Scatec (OB:SCATC) Is Reinvesting At Lower Rates Of Return

May 08
Scatec (OB:SCATC) Is Reinvesting At Lower Rates Of Return

Is Scatec (OB:SCATC) Using Too Much Debt?

Mar 09
Is Scatec (OB:SCATC) Using Too Much Debt?

Analysts Just Shipped A Notable Upgrade To Their Scatec ASA (OB:SCATC) Estimates

Feb 14
Analysts Just Shipped A Notable Upgrade To Their Scatec ASA (OB:SCATC) Estimates

There Are Reasons To Feel Uneasy About Scatec's (OB:SCATC) Returns On Capital

Nov 26
There Are Reasons To Feel Uneasy About Scatec's (OB:SCATC) Returns On Capital

Scatec (OB:SCATC) Use Of Debt Could Be Considered Risky

Oct 25
Scatec (OB:SCATC) Use Of Debt Could Be Considered Risky

Industry Analysts Just Upgraded Their Scatec ASA (OB:SCATC) Revenue Forecasts By 11%

Sep 11
Industry Analysts Just Upgraded Their Scatec ASA (OB:SCATC) Revenue Forecasts By 11%

This Just In: Analysts Are Boosting Their Scatec ASA (OB:SCATC) Outlook for This Year

Aug 02
This Just In: Analysts Are Boosting Their Scatec ASA (OB:SCATC) Outlook for This Year

Financial 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).


Balance Sheet


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