Dampskibsselskabet Norden Balance Sheet Health
Financial Health criteria checks 6/6
Dampskibsselskabet Norden has a total shareholder equity of $1.2B and total debt of $79.4M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are $2.3B and $1.1B respectively. Dampskibsselskabet Norden's EBIT is $345.2M making its interest coverage ratio 19.6. It has cash and short-term investments of $557.2M.
Key information
6.6%
Debt to equity ratio
US$79.40m
Debt
Interest coverage ratio | 19.6x |
Cash | US$557.20m |
Equity | US$1.20b |
Total liabilities | US$1.15b |
Total assets | US$2.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DPBS.F's short term assets ($1.3B) exceed its short term liabilities ($883.2M).
Long Term Liabilities: DPBS.F's short term assets ($1.3B) exceed its long term liabilities ($262.8M).
Debt to Equity History and Analysis
Debt Level: DPBS.F has more cash than its total debt.
Reducing Debt: DPBS.F's debt to equity ratio has reduced from 40.2% to 6.6% over the past 5 years.
Debt Coverage: DPBS.F's debt is well covered by operating cash flow (844.8%).
Interest Coverage: DPBS.F's interest payments on its debt are well covered by EBIT (19.6x coverage).