Novo Nordisk Financial Health

How is Novo Nordisk's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NVO's short term assets (DKK103.0B) do not cover its short term liabilities (DKK109.7B).

Long Term Liabilities: NVO's short term assets (DKK103.0B) exceed its long term liabilities (DKK34.8B).


Debt to Equity History and Analysis

Debt Level: NVO has more cash than its total debt.

Reducing Debt: NVO's debt to equity ratio has increased from 3.4% to 34.2% over the past 5 years.

Debt Coverage: NVO's debt is well covered by operating cash flow (259.6%).

Interest Coverage: NVO earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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