Carlsberg Balance Sheet Health
Financial Health criteria checks 2/6
Carlsberg has a total shareholder equity of DKK25.7B and total debt of DKK37.3B, which brings its debt-to-equity ratio to 144.9%. Its total assets and total liabilities are DKK111.8B and DKK86.1B respectively. Carlsberg's EBIT is DKK10.4B making its interest coverage ratio 31. It has cash and short-term investments of DKK15.6B.
Key information
144.9%
Debt to equity ratio
kr.37.30b
Debt
Interest coverage ratio | 31x |
Cash | kr.15.62b |
Equity | kr.25.75b |
Total liabilities | kr.86.08b |
Total assets | kr.111.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CABG.Y's short term assets (DKK30.2B) do not cover its short term liabilities (DKK47.2B).
Long Term Liabilities: CABG.Y's short term assets (DKK30.2B) do not cover its long term liabilities (DKK38.9B).
Debt to Equity History and Analysis
Debt Level: CABG.Y's net debt to equity ratio (84.2%) is considered high.
Reducing Debt: CABG.Y's debt to equity ratio has increased from 50.1% to 144.9% over the past 5 years.
Debt Coverage: CABG.Y's debt is well covered by operating cash flow (35.2%).
Interest Coverage: CABG.Y's interest payments on its debt are well covered by EBIT (31x coverage).