Mintra Holding Balance Sheet Health
Financial Health criteria checks 3/6
Mintra Holding has a total shareholder equity of NOK487.9M and total debt of NOK226.5M, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are NOK865.7M and NOK377.8M respectively. Mintra Holding's EBIT is NOK51.6M making its interest coverage ratio 6.1. It has cash and short-term investments of NOK79.7M.
Key information
46.4%
Debt to equity ratio
NOK 226.50m
Debt
| Interest coverage ratio | 6.1x |
| Cash | NOK 79.70m |
| Equity | NOK 487.90m |
| Total liabilities | NOK 377.80m |
| Total assets | NOK 865.70m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: N0D's short term assets (NOK133.5M) do not cover its short term liabilities (NOK157.4M).
Long Term Liabilities: N0D's short term assets (NOK133.5M) do not cover its long term liabilities (NOK220.4M).
Debt to Equity History and Analysis
Debt Level: N0D's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if N0D's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: N0D's debt is well covered by operating cash flow (44%).
Interest Coverage: N0D's interest payments on its debt are well covered by EBIT (6.1x coverage).