P/F Bakkafrost Balance Sheet Health
Financial Health criteria checks 4/6
P/F Bakkafrost has a total shareholder equity of DKK10.7B and total debt of DKK3.5B, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are DKK17.3B and DKK6.6B respectively. P/F Bakkafrost's EBIT is DKK847.7M making its interest coverage ratio 4.4. It has cash and short-term investments of DKK839.2M.
Key information
33.3%
Debt to equity ratio
DKK 3.55b
Debt
| Interest coverage ratio | 4.4x |
| Cash | DKK 839.22m |
| Equity | DKK 10.65b |
| Total liabilities | DKK 6.61b |
| Total assets | DKK 17.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BKFK.Y's short term assets (DKK5.0B) exceed its short term liabilities (DKK831.6M).
Long Term Liabilities: BKFK.Y's short term assets (DKK5.0B) do not cover its long term liabilities (DKK5.8B).
Debt to Equity History and Analysis
Debt Level: BKFK.Y's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: BKFK.Y's debt to equity ratio has increased from 22.2% to 33.3% over the past 5 years.
Debt Coverage: BKFK.Y's debt is well covered by operating cash flow (61.3%).
Interest Coverage: BKFK.Y's interest payments on its debt are well covered by EBIT (4.4x coverage).