Coloplast Balance Sheet Health
Financial Health criteria checks 2/6
Coloplast has a total shareholder equity of DKK17.9B and total debt of DKK21.6B, which brings its debt-to-equity ratio to 120.6%. Its total assets and total liabilities are DKK48.1B and DKK30.1B respectively. Coloplast's EBIT is DKK7.3B making its interest coverage ratio 11.4. It has cash and short-term investments of DKK788.0M.
Key information
120.6%
Debt to equity ratio
DKK 21.64b
Debt
| Interest coverage ratio | 11.4x |
| Cash | DKK 788.00m |
| Equity | DKK 17.94b |
| Total liabilities | DKK 30.13b |
| Total assets | DKK 48.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLPB.Y's short term assets (DKK10.4B) exceed its short term liabilities (DKK10.2B).
Long Term Liabilities: CLPB.Y's short term assets (DKK10.4B) do not cover its long term liabilities (DKK19.9B).
Debt to Equity History and Analysis
Debt Level: CLPB.Y's net debt to equity ratio (116.2%) is considered high.
Reducing Debt: CLPB.Y's debt to equity ratio has increased from 15.4% to 120.6% over the past 5 years.
Debt Coverage: CLPB.Y's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: CLPB.Y's interest payments on its debt are well covered by EBIT (11.4x coverage).