Magnora Balance Sheet Health
Financial Health criteria checks 3/6
Magnora has a total shareholder equity of NOK541.1M and total debt of NOK900.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are NOK603.0M and NOK61.9M respectively.
Key information
0.2%
Debt to equity ratio
kr900.00k
Debt
Interest coverage ratio | n/a |
Cash | kr308.00m |
Equity | kr541.10m |
Total liabilities | kr61.90m |
Total assets | kr603.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4SM's short term assets (NOK350.3M) exceed its short term liabilities (NOK61.3M).
Long Term Liabilities: 4SM's short term assets (NOK350.3M) exceed its long term liabilities (NOK600.0K).
Debt to Equity History and Analysis
Debt Level: 4SM has more cash than its total debt.
Reducing Debt: 4SM's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: 4SM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 4SM's interest payments on its debt are well covered by EBIT.