Aker Solutions Balance Sheet Health
Financial Health criteria checks 6/6
Aker Solutions has a total shareholder equity of NOK19.9B and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK45.3B and NOK25.4B respectively. Aker Solutions's EBIT is NOK868.0M making its interest coverage ratio -3.8. It has cash and short-term investments of NOK14.0B.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | -3.8x |
| Cash | NOK 13.99b |
| Equity | NOK 19.93b |
| Total liabilities | NOK 25.36b |
| Total assets | NOK 45.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1AKA's short term assets (NOK27.3B) exceed its short term liabilities (NOK21.4B).
Long Term Liabilities: 1AKA's short term assets (NOK27.3B) exceed its long term liabilities (NOK4.0B).
Debt to Equity History and Analysis
Debt Level: 1AKA is debt free.
Reducing Debt: 1AKA has no debt compared to 5 years ago when its debt to equity ratio was 48.6%.
Debt Coverage: 1AKA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1AKA has no debt, therefore coverage of interest payments is not a concern.