Crayon Group Holding Balance Sheet Health
Financial Health criteria checks 5/6
Crayon Group Holding has a total shareholder equity of NOK2.6B and total debt of NOK2.0B, which brings its debt-to-equity ratio to 76%. Its total assets and total liabilities are NOK17.2B and NOK14.6B respectively. Crayon Group Holding's EBIT is NOK587.0M making its interest coverage ratio 2.2. It has cash and short-term investments of NOK1.4B.
Key information
76.0%
Debt to equity ratio
NOK 1.97b
Debt
Interest coverage ratio | 2.2x |
Cash | NOK 1.40b |
Equity | NOK 2.59b |
Total liabilities | NOK 14.57b |
Total assets | NOK 17.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRAY.F's short term assets (NOK12.2B) exceed its short term liabilities (NOK12.1B).
Long Term Liabilities: CRAY.F's short term assets (NOK12.2B) exceed its long term liabilities (NOK2.4B).
Debt to Equity History and Analysis
Debt Level: CRAY.F's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: CRAY.F's debt to equity ratio has reduced from 86.8% to 76% over the past 5 years.
Debt Coverage: CRAY.F's debt is well covered by operating cash flow (72.8%).
Interest Coverage: CRAY.F's interest payments on its debt are not well covered by EBIT (2.2x coverage).