Måsøval Balance Sheet Health
Financial Health criteria checks 3/6
Måsøval has a total shareholder equity of NOK1.9B and total debt of NOK1.5B, which brings its debt-to-equity ratio to 81.4%. Its total assets and total liabilities are NOK5.1B and NOK3.2B respectively. Måsøval's EBIT is NOK146.1M making its interest coverage ratio 0.9. It has cash and short-term investments of NOK9.3M.
Key information
81.4%
Debt to equity ratio
NOK 1.52b
Debt
| Interest coverage ratio | 0.9x |
| Cash | NOK 9.30m |
| Equity | NOK 1.87b |
| Total liabilities | NOK 3.22b |
| Total assets | NOK 5.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9QP's short term assets (NOK1.5B) exceed its short term liabilities (NOK1.2B).
Long Term Liabilities: 9QP's short term assets (NOK1.5B) do not cover its long term liabilities (NOK2.0B).
Debt to Equity History and Analysis
Debt Level: 9QP's net debt to equity ratio (80.9%) is considered high.
Reducing Debt: 9QP's debt to equity ratio has reduced from 106.2% to 81.4% over the past 5 years.
Debt Coverage: 9QP's debt is well covered by operating cash flow (24.8%).
Interest Coverage: 9QP's interest payments on its debt are not well covered by EBIT (0.9x coverage).