Schibsted Balance Sheet Health
Financial Health criteria checks 6/6
Schibsted has a total shareholder equity of NOK30.4B and total debt of NOK3.0B, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are NOK38.9B and NOK8.5B respectively. Schibsted's EBIT is NOK1.2B making its interest coverage ratio 4.1. It has cash and short-term investments of NOK8.9B.
Key information
9.9%
Debt to equity ratio
NOK 3.02b
Debt
| Interest coverage ratio | 4.1x |
| Cash | NOK 8.93b |
| Equity | NOK 30.43b |
| Total liabilities | NOK 8.45b |
| Total assets | NOK 38.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SBSN.F's short term assets (NOK10.8B) exceed its short term liabilities (NOK3.5B).
Long Term Liabilities: SBSN.F's short term assets (NOK10.8B) exceed its long term liabilities (NOK4.9B).
Debt to Equity History and Analysis
Debt Level: SBSN.F has more cash than its total debt.
Reducing Debt: SBSN.F's debt to equity ratio has reduced from 30.7% to 9.9% over the past 5 years.
Debt Coverage: SBSN.F's debt is well covered by operating cash flow (46%).
Interest Coverage: SBSN.F's interest payments on its debt are well covered by EBIT (4.1x coverage).