Gigante Salmon Balance Sheet Health
Financial Health criteria checks 2/6
Gigante Salmon has a total shareholder equity of NOK715.6M and total debt of NOK217.4M, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are NOK1.1B and NOK392.6M respectively.
Key information
30.4%
Debt to equity ratio
NOK 217.44m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 110.59m |
| Equity | NOK 715.62m |
| Total liabilities | NOK 392.62m |
| Total assets | NOK 1.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 96M's short term assets (NOK208.8M) exceed its short term liabilities (NOK56.5M).
Long Term Liabilities: 96M's short term assets (NOK208.8M) do not cover its long term liabilities (NOK336.1M).
Debt to Equity History and Analysis
Debt Level: 96M's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 96M's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 96M's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 96M's interest payments on its debt are well covered by EBIT.