Argeo Balance Sheet Health
Financial Health criteria checks 4/6
Argeo has a total shareholder equity of NOK429.7M and total debt of NOK182.6M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are NOK708.7M and NOK279.0M respectively.
Key information
42.5%
Debt to equity ratio
kr182.60m
Debt
Interest coverage ratio | n/a |
Cash | kr53.95m |
Equity | kr429.69m |
Total liabilities | kr278.97m |
Total assets | kr708.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8W2's short term assets (NOK112.3M) exceed its short term liabilities (NOK96.4M).
Long Term Liabilities: 8W2's short term assets (NOK112.3M) do not cover its long term liabilities (NOK182.6M).
Debt to Equity History and Analysis
Debt Level: 8W2's net debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 8W2's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 8W2 has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 8W2 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.