Arctic Fish Holding Balance Sheet Health
Financial Health criteria checks 1/6
Arctic Fish Holding has a total shareholder equity of €87.5M and total debt of €126.8M, which brings its debt-to-equity ratio to 144.8%. Its total assets and total liabilities are €233.3M and €145.8M respectively. Arctic Fish Holding's EBIT is €11.7M making its interest coverage ratio 1.2. It has cash and short-term investments of €8.1M.
Key information
144.8%
Debt to equity ratio
€126.76m
Debt
| Interest coverage ratio | 1.2x |
| Cash | €8.13m |
| Equity | €87.53m |
| Total liabilities | €145.75m |
| Total assets | €233.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6TW's short term assets (€93.5M) exceed its short term liabilities (€18.8M).
Long Term Liabilities: 6TW's short term assets (€93.5M) do not cover its long term liabilities (€126.9M).
Debt to Equity History and Analysis
Debt Level: 6TW's net debt to equity ratio (135.5%) is considered high.
Reducing Debt: 6TW's debt to equity ratio has increased from 90.6% to 144.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 6TW has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 6TW has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.