Horisont Energi Balance Sheet Health
Financial Health criteria checks 4/6
Horisont Energi has a total shareholder equity of NOK127.1M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK160.4M and NOK33.3M respectively.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 130.57m |
| Equity | NOK 127.06m |
| Total liabilities | NOK 33.35m |
| Total assets | NOK 160.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9GJ's short term assets (NOK147.7M) exceed its short term liabilities (NOK30.9M).
Long Term Liabilities: 9GJ's short term assets (NOK147.7M) exceed its long term liabilities (NOK2.4M).
Debt to Equity History and Analysis
Debt Level: 9GJ is debt free.
Reducing Debt: 9GJ had no debt 5 years ago.
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: 9GJ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 9GJ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.5% each year