Alm. Brand Balance Sheet Health
Financial Health criteria checks 3/6
Alm. Brand has a total shareholder equity of DKK13.6B and total debt of DKK1.4B, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are DKK37.2B and DKK23.5B respectively. Alm. Brand's EBIT is DKK1.2B making its interest coverage ratio 43.1. It has cash and short-term investments of DKK550.0M.
Key information
10.6%
Debt to equity ratio
DKK 1.45b
Debt
| Interest coverage ratio | 43.1x |
| Cash | DKK 550.00m |
| Equity | DKK 13.62b |
| Total liabilities | DKK 23.55b |
| Total assets | DKK 37.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABDB.Y's short term assets (DKK3.2B) do not cover its short term liabilities (DKK17.8B).
Long Term Liabilities: ABDB.Y's short term assets (DKK3.2B) do not cover its long term liabilities (DKK5.8B).
Debt to Equity History and Analysis
Debt Level: ABDB.Y's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: ABDB.Y's debt to equity ratio has reduced from 19.3% to 10.6% over the past 5 years.
Debt Coverage: ABDB.Y's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: ABDB.Y's interest payments on its debt are well covered by EBIT (43.1x coverage).