Navamedic Balance Sheet Health
Financial Health criteria checks 2/6
Navamedic has a total shareholder equity of NOK226.2M and total debt of NOK144.3M, which brings its debt-to-equity ratio to 63.8%. Its total assets and total liabilities are NOK536.9M and NOK310.8M respectively. Navamedic's EBIT is NOK30.6M making its interest coverage ratio 1.4. It has cash and short-term investments of NOK29.1M.
Key information
63.8%
Debt to equity ratio
kr144.28m
Debt
Interest coverage ratio | 1.4x |
Cash | kr29.09m |
Equity | kr226.16m |
Total liabilities | kr310.75m |
Total assets | kr536.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N1A's short term assets (NOK273.8M) exceed its short term liabilities (NOK198.7M).
Long Term Liabilities: N1A's short term assets (NOK273.8M) exceed its long term liabilities (NOK112.0M).
Debt to Equity History and Analysis
Debt Level: N1A's net debt to equity ratio (50.9%) is considered high.
Reducing Debt: N1A's debt to equity ratio has increased from 28.3% to 63.8% 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 N1A has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if N1A has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.