Itera Balance Sheet Health
Financial Health criteria checks 4/6
Itera has a total shareholder equity of NOK51.5M and total debt of NOK4.3M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are NOK292.3M and NOK240.8M respectively. Itera's EBIT is NOK67.1M making its interest coverage ratio 175.7. It has cash and short-term investments of NOK29.5M.
Key information
8.3%
Debt to equity ratio
NOK 4.25m
Debt
| Interest coverage ratio | 175.7x |
| Cash | NOK 29.49m |
| Equity | NOK 51.48m |
| Total liabilities | NOK 240.78m |
| Total assets | NOK 292.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IRI's short term assets (NOK179.4M) do not cover its short term liabilities (NOK180.7M).
Long Term Liabilities: IRI's short term assets (NOK179.4M) exceed its long term liabilities (NOK60.1M).
Debt to Equity History and Analysis
Debt Level: IRI has more cash than its total debt.
Reducing Debt: IRI's debt to equity ratio has increased from 0% to 8.3% over the past 5 years.
Debt Coverage: IRI's debt is well covered by operating cash flow (1711.9%).
Interest Coverage: IRI's interest payments on its debt are well covered by EBIT (175.7x coverage).