Techstep Balance Sheet Health
Financial Health criteria checks 4/6
Techstep has a total shareholder equity of NOK555.4M and total debt of NOK163.1M, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are NOK1.1B and NOK579.9M respectively.
Key information
29.4%
Debt to equity ratio
NOK 163.05m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 15.66m |
| Equity | NOK 555.41m |
| Total liabilities | NOK 579.87m |
| Total assets | NOK 1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B1T0's short term assets (NOK166.6M) do not cover its short term liabilities (NOK415.7M).
Long Term Liabilities: B1T0's short term assets (NOK166.6M) exceed its long term liabilities (NOK164.2M).
Debt to Equity History and Analysis
Debt Level: B1T0's net debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: B1T0's debt to equity ratio has increased from 10.7% to 29.4% 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: Whilst unprofitable B1T0 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: B1T0 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16.5% per year.