Måsøval Balance Sheet Health
Financial Health criteria checks 3/6
Måsøval has a total shareholder equity of NOK1.8B and total debt of NOK1.5B, which brings its debt-to-equity ratio to 83.7%. Its total assets and total liabilities are NOK5.2B and NOK3.4B respectively. Måsøval's EBIT is NOK361.3M making its interest coverage ratio 2.7. It has cash and short-term investments of NOK9.6M.
Key information
83.7%
Debt to equity ratio
kr1.50b
Debt
Interest coverage ratio | 2.7x |
Cash | kr9.57m |
Equity | kr1.79b |
Total liabilities | kr3.37b |
Total assets | kr5.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9QP's short term assets (NOK1.7B) do not cover its short term liabilities (NOK2.3B).
Long Term Liabilities: 9QP's short term assets (NOK1.7B) exceed its long term liabilities (NOK1.1B).
Debt to Equity History and Analysis
Debt Level: 9QP's net debt to equity ratio (83.2%) is considered high.
Reducing Debt: 9QP's debt to equity ratio has reduced from 126.4% to 83.7% over the past 5 years.
Debt Coverage: 9QP's debt is well covered by operating cash flow (29.7%).
Interest Coverage: 9QP's interest payments on its debt are not well covered by EBIT (2.7x coverage).