Aker BioMarine Balance Sheet Health
Financial Health criteria checks 4/6
Aker BioMarine has a total shareholder equity of $189.7M and total debt of $150.2M, which brings its debt-to-equity ratio to 79.2%. Its total assets and total liabilities are $409.0M and $219.3M respectively. Aker BioMarine's EBIT is $4.6M making its interest coverage ratio 0.3. It has cash and short-term investments of $14.9M.
Key information
79.2%
Debt to equity ratio
US$150.20m
Debt
| Interest coverage ratio | 0.3x |
| Cash | US$14.90m |
| Equity | US$189.70m |
| Total liabilities | US$219.30m |
| Total assets | US$409.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1PG's short term assets ($223.7M) exceed its short term liabilities ($60.8M).
Long Term Liabilities: 1PG's short term assets ($223.7M) exceed its long term liabilities ($158.5M).
Debt to Equity History and Analysis
Debt Level: 1PG's net debt to equity ratio (71.3%) is considered high.
Reducing Debt: 1PG's debt to equity ratio has reduced from 227.8% to 79.2% over the past 5 years.
Debt Coverage: 1PG's debt is well covered by operating cash flow (34.6%).
Interest Coverage: 1PG's interest payments on its debt are not well covered by EBIT (0.3x coverage).