Kaldvik Balance Sheet Health
Financial Health criteria checks 3/6
Kaldvik has a total shareholder equity of NOK3.3B and total debt of NOK1.6B, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are NOK5.5B and NOK2.1B respectively. Kaldvik's EBIT is NOK171.7M making its interest coverage ratio 1.3. It has cash and short-term investments of NOK77.3M.
Key information
49.7%
Debt to equity ratio
NOK 1.65b
Debt
| Interest coverage ratio | 1.3x |
| Cash | NOK 77.33m |
| Equity | NOK 3.32b |
| Total liabilities | NOK 2.14b |
| Total assets | NOK 5.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4YYA's short term assets (NOK1.8B) exceed its short term liabilities (NOK578.8M).
Long Term Liabilities: 4YYA's short term assets (NOK1.8B) exceed its long term liabilities (NOK1.6B).
Debt to Equity History and Analysis
Debt Level: 4YYA's net debt to equity ratio (47.3%) is considered high.
Reducing Debt: 4YYA's debt to equity ratio has reduced from 57.3% to 49.7% over the past 5 years.
Debt Coverage: 4YYA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4YYA's interest payments on its debt are not well covered by EBIT (1.3x coverage).