Pandora Balance Sheet Health
Financial Health criteria checks 2/6
Pandora has a total shareholder equity of DKK4.1B and total debt of DKK9.7B, which brings its debt-to-equity ratio to 238.2%. Its total assets and total liabilities are DKK24.8B and DKK20.7B respectively. Pandora's EBIT is DKK7.4B making its interest coverage ratio 8.8. It has cash and short-term investments of DKK897.0M.
Key information
238.2%
Debt to equity ratio
DKK 9.71b
Debt
| Interest coverage ratio | 8.8x |
| Cash | DKK 897.00m |
| Equity | DKK 4.08b |
| Total liabilities | DKK 20.72b |
| Total assets | DKK 24.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAND.Y's short term assets (DKK7.6B) do not cover its short term liabilities (DKK7.8B).
Long Term Liabilities: PAND.Y's short term assets (DKK7.6B) do not cover its long term liabilities (DKK12.9B).
Debt to Equity History and Analysis
Debt Level: PAND.Y's net debt to equity ratio (216.2%) is considered high.
Reducing Debt: PAND.Y's debt to equity ratio has increased from 134.6% to 238.2% over the past 5 years.
Debt Coverage: PAND.Y's debt is well covered by operating cash flow (79.4%).
Interest Coverage: PAND.Y's interest payments on its debt are well covered by EBIT (8.8x coverage).