XXL Balance Sheet Health
Financial Health criteria checks 3/6
XXL has a total shareholder equity of NOK2.1B and total debt of NOK1.2B, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are NOK7.3B and NOK5.2B respectively.
Key information
57.5%
Debt to equity ratio
NOK 1.21b
Debt
Interest coverage ratio | n/a |
Cash | NOK 142.00m |
Equity | NOK 2.11b |
Total liabilities | NOK 5.18b |
Total assets | NOK 7.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XXLL.Y's short term assets (NOK2.3B) do not cover its short term liabilities (NOK3.5B).
Long Term Liabilities: XXLL.Y's short term assets (NOK2.3B) exceed its long term liabilities (NOK1.7B).
Debt to Equity History and Analysis
Debt Level: XXLL.Y's net debt to equity ratio (50.8%) is considered high.
Reducing Debt: XXLL.Y's debt to equity ratio has reduced from 62.4% to 57.5% over the past 5 years.
Debt Coverage: XXLL.Y's debt is well covered by operating cash flow (23%).
Interest Coverage: Insufficient data to determine if XXLL.Y's interest payments on its debt are well covered by EBIT.