Dampskibsselskabet Norden Balance Sheet Health
Financial Health criteria checks 6/6
Dampskibsselskabet Norden has a total shareholder equity of $1.3B and total debt of $205.2M, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are $2.3B and $1.1B respectively. Dampskibsselskabet Norden's EBIT is $140.5M making its interest coverage ratio 6.6. It has cash and short-term investments of $193.7M.
Key information
16.4%
Debt to equity ratio
US$205.20m
Debt
| Interest coverage ratio | 6.6x |
| Cash | US$193.70m |
| Equity | US$1.25b |
| Total liabilities | US$1.10b |
| Total assets | US$2.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DPBS.F's short term assets ($977.4M) exceed its short term liabilities ($794.4M).
Long Term Liabilities: DPBS.F's short term assets ($977.4M) exceed its long term liabilities ($301.5M).
Debt to Equity History and Analysis
Debt Level: DPBS.F's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: DPBS.F's debt to equity ratio has reduced from 38.6% to 16.4% over the past 5 years.
Debt Coverage: DPBS.F's debt is well covered by operating cash flow (168.7%).
Interest Coverage: DPBS.F's interest payments on its debt are well covered by EBIT (6.6x coverage).