Telenor Balance Sheet Health
Financial Health criteria checks 3/6
Telenor has a total shareholder equity of NOK85.3B and total debt of NOK86.9B, which brings its debt-to-equity ratio to 101.9%. Its total assets and total liabilities are NOK233.7B and NOK148.4B respectively. Telenor's EBIT is NOK18.0B making its interest coverage ratio 6.5. It has cash and short-term investments of NOK20.9B.
Key information
101.9%
Debt to equity ratio
kr86.86b
Debt
Interest coverage ratio | 6.5x |
Cash | kr20.86b |
Equity | kr85.28b |
Total liabilities | kr148.41b |
Total assets | kr233.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TELN.F's short term assets (NOK39.4B) do not cover its short term liabilities (NOK45.0B).
Long Term Liabilities: TELN.F's short term assets (NOK39.4B) do not cover its long term liabilities (NOK103.4B).
Debt to Equity History and Analysis
Debt Level: TELN.F's net debt to equity ratio (77.4%) is considered high.
Reducing Debt: TELN.F's debt to equity ratio has reduced from 108% to 101.9% over the past 5 years.
Debt Coverage: TELN.F's debt is well covered by operating cash flow (36.4%).
Interest Coverage: TELN.F's interest payments on its debt are well covered by EBIT (6.5x coverage).