Orsted (D2G) Ratios
Orsted Ratios
DE:D2G's free cash flow for Q2 2026 was $-7.53B. For the 2026 fiscal year, DE:D2G's free cash flow was decreased by $-10.12B and operating cash flow was $2.60B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.94 | 1.48 | 1.42 | 1.51 | 1.01 |
| Quick Ratio | 1.79 | 1.16 | 1.24 | 1.32 | 1.01 |
| Cash Ratio | 0.89 | 0.42 | 0.17 | 0.18 | 0.10 |
| Solvency Ratio | 0.05 | 0.05 | -0.05 | 0.11 | 0.10 |
| Operating Cash Flow Ratio | 0.35 | 0.34 | 0.48 | 0.16 | 0.14 |
| Short-Term Operating Cash Flow Coverage | 1.98 | 4.48 | 74.30 | 4.21 | 0.62 |
| Net Current Asset Value | $ -113.03B | $ -125.66B | $ -119.29B | $ -105.88B | $ -97.08B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.37 | 0.32 | 0.31 | 0.23 | 0.22 |
| Debt-to-Equity Ratio | 1.14 | 1.16 | 1.16 | 0.78 | 0.71 |
| Debt-to-Capital Ratio | 0.53 | 0.54 | 0.54 | 0.44 | 0.42 |
| Long-Term Debt-to-Capital Ratio | 0.49 | 0.50 | 0.51 | 0.40 | 0.28 |
| Financial Leverage Ratio | 3.07 | 3.60 | 3.70 | 3.43 | 3.30 |
| Debt Service Coverage Ratio | 1.12 | 1.76 | -1.98 | 4.48 | 0.97 |
| Interest Coverage Ratio | -0.60 | 1.54 | -4.37 | 4.98 | 3.13 |
| Debt to Market Cap | 0.79 | 1.16 | 0.91 | 0.43 | 0.26 |
| Interest Debt Per Share | 105.81 | 239.46 | 219.25 | 176.65 | 145.42 |
| Net Debt to EBITDA | 5.03 | 4.38 | -10.12 | 2.12 | 2.09 |
| Profitability Margins | |||||
| Gross Profit Margin | -2.70% | 38.87% | 32.50% | 22.94% | 23.18% |
| EBIT Margin | 8.58% | 11.24% | -25.33% | 16.37% | 22.96% |
| EBITDA Margin | 24.61% | 28.62% | -11.15% | 21.68% | 34.49% |
| Operating Profit Margin | -2.70% | 10.49% | -25.85% | 10.60% | 11.63% |
| Pretax Profit Margin | 4.00% | 4.43% | -27.54% | 13.97% | 19.20% |
| Net Profit Margin | 3.84% | -1.57% | -29.69% | 12.00% | 15.86% |
| Continuous Operations Profit Margin | 4.98% | 0.03% | -29.22% | 11.89% | 15.75% |
| Net Income Per EBT | 95.87% | -35.42% | 107.78% | 85.90% | 82.56% |
| EBT Per EBIT | -148.31% | 42.23% | 106.57% | 131.75% | 165.12% |
| Return on Assets (ROA) | 0.66% | -0.31% | -7.29% | 4.82% | 4.05% |
| Return on Equity (ROE) | 2.04% | -1.11% | -27.02% | 16.52% | 13.36% |
| Return on Capital Employed (ROCE) | -0.57% | 2.52% | -8.04% | 5.59% | 4.40% |
| Return on Invested Capital (ROIC) | -0.54% | 0.02% | -8.00% | 4.69% | 3.25% |
| Return on Tangible Assets | 0.66% | -0.31% | -7.38% | 4.88% | 4.08% |
| Earnings Yield | 1.51% | -1.22% | -23.46% | 10.26% | 5.62% |
| Efficiency Ratios | |||||
| Receivables Turnover | 2.94 | 3.04 | 5.80 | 3.78 | 2.69 |
| Payables Turnover | 3.31 | 1.73 | 3.13 | 4.71 | 2.63 |
| Inventory Turnover | 6.57 | 2.06 | 4.42 | 6.89 | 0.00 |
| Fixed Asset Turnover | 0.30 | 0.29 | 0.38 | 0.71 | 0.43 |
| Asset Turnover | 0.17 | 0.20 | 0.25 | 0.40 | 0.26 |
| Working Capital Turnover Ratio | 1.45 | 2.32 | 2.20 | 6.54 | 4.52 |
| Cash Conversion Cycle | 69.38 | 85.73 | 28.67 | 72.12 | -3.36 |
| Days of Sales Outstanding | 124.29 | 120.02 | 62.93 | 96.68 | 135.68 |
| Days of Inventory Outstanding | 55.53 | 177.09 | 82.51 | 52.98 | 0.00 |
| Days of Payables Outstanding | 110.44 | 211.38 | 116.76 | 77.54 | 139.04 |
| Operating Cycle | 179.82 | 297.11 | 145.43 | 149.66 | 135.68 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 17.49 | 43.68 | 67.90 | 28.38 | 28.91 |
| Free Cash Flow Per Share | -23.97 | -57.82 | -23.01 | -50.17 | -53.36 |
| Dividend Paid and CapEx Coverage Ratio | 0.42 | 0.42 | 0.65 | 0.31 | 0.31 |
| Capital Expenditure Coverage Ratio | 0.42 | 0.43 | 0.75 | 0.36 | 0.35 |
| Operating Cash Flow Coverage Ratio | 0.17 | 0.19 | 0.32 | 0.17 | 0.21 |
| Operating Cash Flow to Sales Ratio | 0.36 | 0.31 | 0.41 | 0.09 | 0.18 |
| Free Cash Flow Yield | -19.59% | -32.09% | -11.06% | -14.30% | -11.50% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 62.74 | -81.90 | -4.26 | 9.75 | 17.79 |
| Price-to-Sales (P/S) Ratio | 2.54 | 1.29 | 1.27 | 1.17 | 2.82 |
| Price-to-Book (P/B) Ratio | 1.35 | 0.91 | 1.15 | 1.61 | 2.38 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -5.10 | -3.12 | -9.04 | -6.99 | -8.70 |
| Price-to-Operating Cash Flow Ratio | 6.99 | 4.13 | 3.06 | 12.37 | 16.05 |
| Price-to-Earnings Growth (PEG) Ratio | -0.33 | 0.86 | 0.02 | 0.23 | -0.55 |
| Enterprise Value Multiple | 15.36 | 8.88 | -21.47 | 7.51 | 10.27 |
| Enterprise Value | 240.43B | 149.53B | 165.33B | 205.28B | 244.93B |
| EV to EBITDA | 15.36 | 8.88 | -21.47 | 7.51 | 10.27 |
| EV to Sales | 3.78 | 2.54 | 2.39 | 1.63 | 3.54 |
| EV to Free Cash Flow | -7.59 | -6.15 | -17.09 | -9.74 | -10.92 |
| EV to Operating Cash Flow | 10.40 | 8.15 | 5.79 | 17.22 | 20.16 |
| Tangible Book Value Per Share | 96.31 | 216.24 | 176.96 | 217.76 | 198.96 |
| Shareholders’ Equity Per Share | 90.62 | 197.73 | 180.58 | 217.83 | 195.30 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.24 | 0.99 | -0.06 | 0.15 | 0.18 |
| Revenue Per Share | 48.15 | 140.00 | 164.38 | 300.07 | 164.56 |
| Net Income Per Share | 1.85 | -2.20 | -48.80 | 36.00 | 26.09 |
| Tax Burden | 0.96 | -0.35 | 1.08 | 0.86 | 0.83 |
| Interest Burden | 0.47 | 0.39 | 1.09 | 0.85 | 0.84 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.03 | 0.02 | 0.03 |
| SG&A to Revenue | 0.00 | 0.26 | 0.00 | 0.06 | 0.08 |
| Stock-Based Compensation to Revenue | 0.00 | 0.07 | 0.16 | 0.05 | 0.00 |
| Income Quality | 13.38 | -19.89 | 1.52 | 0.37 | 0.50 |
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