GN Store Nord Balance Sheet Health
Financial Health criteria checks 3/6
GN Store Nord has a total shareholder equity of DKK10.0B and total debt of DKK12.3B, which brings its debt-to-equity ratio to 123.5%. Its total assets and total liabilities are DKK29.4B and DKK19.5B respectively. GN Store Nord's EBIT is DKK2.1B making its interest coverage ratio 8.4. It has cash and short-term investments of DKK1.2B.
Key information
123.5%
Debt to equity ratio
kr.12.31b
Debt
Interest coverage ratio | 8.4x |
Cash | kr.1.22b |
Equity | kr.9.97b |
Total liabilities | kr.19.45b |
Total assets | kr.29.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGND.F's short term assets (DKK8.7B) do not cover its short term liabilities (DKK14.6B).
Long Term Liabilities: GGND.F's short term assets (DKK8.7B) exceed its long term liabilities (DKK4.9B).
Debt to Equity History and Analysis
Debt Level: GGND.F's net debt to equity ratio (111.3%) is considered high.
Reducing Debt: GGND.F's debt to equity ratio has increased from 101.4% to 123.5% over the past 5 years.
Debt Coverage: GGND.F's debt is well covered by operating cash flow (26.4%).
Interest Coverage: GGND.F's interest payments on its debt are well covered by EBIT (8.4x coverage).