Telenor Balance Sheet Health
Financial Health criteria checks 3/6
Telenor has a total shareholder equity of NOK80.0B and total debt of NOK87.3B, which brings its debt-to-equity ratio to 109.1%. Its total assets and total liabilities are NOK232.4B and NOK152.4B respectively. Telenor's EBIT is NOK17.8B making its interest coverage ratio 7.1. It has cash and short-term investments of NOK18.1B.
Key information
109.1%
Debt to equity ratio
NOK 87.30b
Debt
| Interest coverage ratio | 7.1x |
| Cash | NOK 18.10b |
| Equity | NOK 80.00b |
| Total liabilities | NOK 152.36b |
| Total assets | NOK 232.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TELN.Y's short term assets (NOK34.1B) do not cover its short term liabilities (NOK57.2B).
Long Term Liabilities: TELN.Y's short term assets (NOK34.1B) do not cover its long term liabilities (NOK95.1B).
Debt to Equity History and Analysis
Debt Level: TELN.Y's net debt to equity ratio (86.5%) is considered high.
Reducing Debt: TELN.Y's debt to equity ratio has reduced from 275.9% to 109.1% over the past 5 years.
Debt Coverage: TELN.Y's debt is well covered by operating cash flow (37%).
Interest Coverage: TELN.Y's interest payments on its debt are well covered by EBIT (7.1x coverage).