Schibsted Balance Sheet Health
Financial Health criteria checks 6/6
Schibsted has a total shareholder equity of NOK33.5B and total debt of NOK3.0B, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are NOK41.2B and NOK7.7B respectively. Schibsted's EBIT is NOK1.2B making its interest coverage ratio 7.5. It has cash and short-term investments of NOK6.4B.
Key information
9.0%
Debt to equity ratio
NOK 3.02b
Debt
| Interest coverage ratio | 7.5x |
| Cash | NOK 6.41b |
| Equity | NOK 33.55b |
| Total liabilities | NOK 7.70b |
| Total assets | NOK 41.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SBSN.Y's short term assets (NOK8.2B) exceed its short term liabilities (NOK2.7B).
Long Term Liabilities: SBSN.Y's short term assets (NOK8.2B) exceed its long term liabilities (NOK4.9B).
Debt to Equity History and Analysis
Debt Level: SBSN.Y has more cash than its total debt.
Reducing Debt: SBSN.Y's debt to equity ratio has reduced from 31.5% to 9% over the past 5 years.
Debt Coverage: SBSN.Y's debt is well covered by operating cash flow (52.6%).
Interest Coverage: SBSN.Y's interest payments on its debt are well covered by EBIT (7.5x coverage).