Aker Balance Sheet Health
Financial Health criteria checks 2/6
Aker has a total shareholder equity of NOK61.2B and total debt of NOK39.0B, which brings its debt-to-equity ratio to 63.8%. Its total assets and total liabilities are NOK112.1B and NOK50.9B respectively.
Key information
63.8%
Debt to equity ratio
NOK 39.01b
Debt
Interest coverage ratio | n/a |
Cash | NOK 12.03b |
Equity | NOK 61.19b |
Total liabilities | NOK 50.93b |
Total assets | NOK 112.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FKM's short term assets (NOK27.8B) exceed its short term liabilities (NOK11.3B).
Long Term Liabilities: FKM's short term assets (NOK27.8B) do not cover its long term liabilities (NOK39.6B).
Debt to Equity History and Analysis
Debt Level: FKM's net debt to equity ratio (44.1%) is considered high.
Reducing Debt: FKM's debt to equity ratio has reduced from 95.2% to 63.8% over the past 5 years.
Debt Coverage: FKM's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: Insufficient data to determine if FKM's interest payments on its debt are well covered by EBIT.