Coloplast Balance Sheet Health
Financial Health criteria checks 1/6
Coloplast has a total shareholder equity of DKK16.2B and total debt of DKK23.5B, which brings its debt-to-equity ratio to 144.9%. Its total assets and total liabilities are DKK48.1B and DKK31.9B respectively. Coloplast's EBIT is DKK7.0B making its interest coverage ratio 11.6. It has cash and short-term investments of DKK889.0M.
Key information
144.9%
Debt to equity ratio
kr.23.48b
Debt
Interest coverage ratio | 11.6x |
Cash | kr.889.00m |
Equity | kr.16.20b |
Total liabilities | kr.31.94b |
Total assets | kr.48.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLPB.Y's short term assets (DKK10.4B) do not cover its short term liabilities (DKK17.3B).
Long Term Liabilities: CLPB.Y's short term assets (DKK10.4B) do not cover its long term liabilities (DKK14.6B).
Debt to Equity History and Analysis
Debt Level: CLPB.Y's net debt to equity ratio (139.5%) is considered high.
Reducing Debt: CLPB.Y's debt to equity ratio has increased from 41.9% to 144.9% over the past 5 years.
Debt Coverage: CLPB.Y's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: CLPB.Y's interest payments on its debt are well covered by EBIT (11.6x coverage).