Photocure Balance Sheet Health
Financial Health criteria checks 6/6
Photocure has a total shareholder equity of NOK482.1M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK711.3M and NOK229.1M respectively. Photocure's EBIT is NOK27.8M making its interest coverage ratio 1.7. It has cash and short-term investments of NOK259.5M.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | 1.7x |
Cash | kr259.50m |
Equity | kr482.14m |
Total liabilities | kr229.13m |
Total assets | kr711.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHS's short term assets (NOK372.4M) exceed its short term liabilities (NOK77.5M).
Long Term Liabilities: PHS's short term assets (NOK372.4M) exceed its long term liabilities (NOK151.6M).
Debt to Equity History and Analysis
Debt Level: PHS is debt free.
Reducing Debt: PHS had no debt 5 years ago.
Debt Coverage: PHS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PHS has no debt, therefore coverage of interest payments is not a concern.