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 ratio0.9x
CashNOK 9.30m
EquityNOK 1.87b
Total liabilitiesNOK 3.22b
Total assetsNOK 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).


Balance Sheet


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