Scandinavian Tobacco Group Balance Sheet Health
Financial Health criteria checks 3/6
Scandinavian Tobacco Group has a total shareholder equity of DKK9.5B and total debt of DKK4.0B, which brings its debt-to-equity ratio to 42.2%. Its total assets and total liabilities are DKK16.3B and DKK6.8B respectively. Scandinavian Tobacco Group's EBIT is DKK1.6B making its interest coverage ratio 9.1. It has cash and short-term investments of DKK103.3M.
Key information
42.2%
Debt to equity ratio
kr.4.02b
Debt
Interest coverage ratio | 9.1x |
Cash | kr.103.30m |
Equity | kr.9.52b |
Total liabilities | kr.6.81b |
Total assets | kr.16.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNDV.F's short term assets (DKK5.0B) exceed its short term liabilities (DKK1.7B).
Long Term Liabilities: SNDV.F's short term assets (DKK5.0B) do not cover its long term liabilities (DKK5.1B).
Debt to Equity History and Analysis
Debt Level: SNDV.F's net debt to equity ratio (41.1%) is considered high.
Reducing Debt: SNDV.F's debt to equity ratio has increased from 29.6% to 42.2% over the past 5 years.
Debt Coverage: SNDV.F's debt is well covered by operating cash flow (34.3%).
Interest Coverage: SNDV.F's interest payments on its debt are well covered by EBIT (9.1x coverage).