Arctic Fish Holding Balance Sheet Health
Financial Health criteria checks 1/6
Arctic Fish Holding has a total shareholder equity of €87.1M and total debt of €137.0M, which brings its debt-to-equity ratio to 157.3%. Its total assets and total liabilities are €238.1M and €151.0M respectively. Arctic Fish Holding's EBIT is €14.8M making its interest coverage ratio 1.9. It has cash and short-term investments of €8.1M.
Key information
157.3%
Debt to equity ratio
€136.97m
Debt
| Interest coverage ratio | 1.9x |
| Cash | €8.13m |
| Equity | €87.10m |
| Total liabilities | €150.95m |
| Total assets | €238.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6TW's short term assets (€99.5M) exceed its short term liabilities (€14.0M).
Long Term Liabilities: 6TW's short term assets (€99.5M) do not cover its long term liabilities (€137.0M).
Debt to Equity History and Analysis
Debt Level: 6TW's net debt to equity ratio (147.9%) is considered high.
Reducing Debt: 6TW's debt to equity ratio has increased from 117.6% to 157.3% over the past 5 years.
Debt Coverage: 6TW's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6TW's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 03:12 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Arctic Fish Holding AS is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stein Aukner | DNB Markets |
| Ola Trovatn | DNB Markets |
| Carl-Emil Johannessen | Pareto Securities |