Desert Control Balance Sheet Health
Financial Health criteria checks 6/6
Desert Control has a total shareholder equity of NOK86.3M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK90.5M and NOK4.1M respectively.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 74.84m |
| Equity | NOK 86.32m |
| Total liabilities | NOK 4.14m |
| Total assets | NOK 90.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8KT's short term assets (NOK82.8M) exceed its short term liabilities (NOK4.1M).
Long Term Liabilities: 8KT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8KT is debt free.
Reducing Debt: 8KT had no debt 5 years ago.
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: 8KT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8KT has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 12.8% each year.