LINK Mobility Group Holding Balance Sheet Health
Financial Health criteria checks 4/6
LINK Mobility Group Holding has a total shareholder equity of NOK5.6B and total debt of NOK4.3B, which brings its debt-to-equity ratio to 76.9%. Its total assets and total liabilities are NOK12.0B and NOK6.3B respectively. LINK Mobility Group Holding's EBIT is NOK177.0M making its interest coverage ratio 1.5. It has cash and short-term investments of NOK3.4B.
Key information
76.9%
Debt to equity ratio
NOK 4.33b
Debt
| Interest coverage ratio | 1.5x |
| Cash | NOK 3.36b |
| Equity | NOK 5.63b |
| Total liabilities | NOK 6.33b |
| Total assets | NOK 11.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LMGH.F's short term assets (NOK4.8B) exceed its short term liabilities (NOK1.7B).
Long Term Liabilities: LMGH.F's short term assets (NOK4.8B) exceed its long term liabilities (NOK4.6B).
Debt to Equity History and Analysis
Debt Level: LMGH.F's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: LMGH.F's debt to equity ratio has reduced from 88.7% to 76.9% over the past 5 years.
Debt Coverage: LMGH.F's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: LMGH.F's interest payments on its debt are not well covered by EBIT (1.5x coverage).