Tryg Balance Sheet Health
Financial Health criteria checks 5/6
Tryg has a total shareholder equity of DKK38.8B and total debt of DKK10.7B, which brings its debt-to-equity ratio to 27.5%. Its total assets and total liabilities are DKK111.0B and DKK72.1B respectively. Tryg's EBIT is DKK5.6B making its interest coverage ratio 14.3. It has cash and short-term investments of DKK4.1B.
Key information
27.5%
Debt to equity ratio
kr.10.70b
Debt
Interest coverage ratio | 14.3x |
Cash | kr.4.07b |
Equity | kr.38.83b |
Total liabilities | kr.72.15b |
Total assets | kr.110.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGVS.F's short term assets (DKK10.3B) exceed its short term liabilities (DKK8.2B).
Long Term Liabilities: TGVS.F's short term assets (DKK10.3B) do not cover its long term liabilities (DKK63.9B).
Debt to Equity History and Analysis
Debt Level: TGVS.F's net debt to equity ratio (17.1%) is considered satisfactory.
Reducing Debt: TGVS.F's debt to equity ratio has reduced from 44.5% to 27.5% over the past 5 years.
Debt Coverage: TGVS.F's debt is well covered by operating cash flow (53.5%).
Interest Coverage: TGVS.F's interest payments on its debt are well covered by EBIT (14.3x coverage).