Gentian Diagnostics Balance Sheet Health
Financial Health criteria checks 6/6
Gentian Diagnostics has a total shareholder equity of NOK161.5M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK189.1M and NOK27.6M respectively. Gentian Diagnostics's EBIT is NOK7.3M making its interest coverage ratio -3.6. It has cash and short-term investments of NOK93.8M.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | -3.6x |
| Cash | NOK 93.80m |
| Equity | NOK 161.45m |
| Total liabilities | NOK 27.65m |
| Total assets | NOK 189.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6FK's short term assets (NOK147.5M) exceed its short term liabilities (NOK21.0M).
Long Term Liabilities: 6FK's short term assets (NOK147.5M) exceed its long term liabilities (NOK6.7M).
Debt to Equity History and Analysis
Debt Level: 6FK is debt free.
Reducing Debt: 6FK has no debt compared to 5 years ago when its debt to equity ratio was 0.5%.
Debt Coverage: 6FK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6FK has no debt, therefore coverage of interest payments is not a concern.