Royal Unibrew Balance Sheet Health
Financial Health criteria checks 3/6
Royal Unibrew has a total shareholder equity of DKK6.3B and total debt of DKK5.9B, which brings its debt-to-equity ratio to 93.3%. Its total assets and total liabilities are DKK18.6B and DKK12.3B respectively. Royal Unibrew's EBIT is DKK1.8B making its interest coverage ratio 6.6. It has cash and short-term investments of DKK43.0M.
Key information
93.3%
Debt to equity ratio
DKK 5.89b
Debt
| Interest coverage ratio | 6.6x |
| Cash | DKK 43.00m |
| Equity | DKK 6.31b |
| Total liabilities | DKK 12.31b |
| Total assets | DKK 18.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROYU.F's short term assets (DKK4.3B) do not cover its short term liabilities (DKK6.6B).
Long Term Liabilities: ROYU.F's short term assets (DKK4.3B) do not cover its long term liabilities (DKK5.7B).
Debt to Equity History and Analysis
Debt Level: ROYU.F's net debt to equity ratio (92.6%) is considered high.
Reducing Debt: ROYU.F's debt to equity ratio has reduced from 116% to 93.3% over the past 5 years.
Debt Coverage: ROYU.F's debt is well covered by operating cash flow (32.3%).
Interest Coverage: ROYU.F's interest payments on its debt are well covered by EBIT (6.6x coverage).