Elektroimportøren Balance Sheet Health
Financial Health criteria checks 4/6
Elektroimportøren has a total shareholder equity of NOK605.0M and total debt of NOK220.0M, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are NOK1.5B and NOK932.0M respectively. Elektroimportøren's EBIT is NOK30.1M making its interest coverage ratio 0.7. It has cash and short-term investments of NOK85.0M.
Key information
36.4%
Debt to equity ratio
NOK 220.00m
Debt
| Interest coverage ratio | 0.7x |
| Cash | NOK 85.00m |
| Equity | NOK 605.00m |
| Total liabilities | NOK 932.00m |
| Total assets | NOK 1.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9F9's short term assets (NOK522.0M) exceed its short term liabilities (NOK299.0M).
Long Term Liabilities: 9F9's short term assets (NOK522.0M) do not cover its long term liabilities (NOK633.0M).
Debt to Equity History and Analysis
Debt Level: 9F9's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: 9F9's debt to equity ratio has reduced from 281.2% to 36.4% over the past 5 years.
Debt Coverage: 9F9's debt is well covered by operating cash flow (67.6%).
Interest Coverage: 9F9's interest payments on its debt are not well covered by EBIT (0.7x coverage).