Magnora Balance Sheet Health

Financial Health criteria checks 6/6

Magnora has a total shareholder equity of NOK471.0M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK626.8M and NOK155.8M respectively.

Key information

0%

Debt to equity ratio

NOK 0

Debt

Interest coverage ration/a
CashNOK 334.90m
EquityNOK 471.00m
Total liabilitiesNOK 155.80m
Total assetsNOK 626.80m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 4SM's short term assets (NOK367.6M) exceed its short term liabilities (NOK155.4M).

Long Term Liabilities: 4SM's short term assets (NOK367.6M) exceed its long term liabilities (NOK400.0K).


Debt to Equity History and Analysis

Debt Level: 4SM is debt free.

Reducing Debt: 4SM had no debt 5 years ago.

Debt Coverage: 4SM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 4SM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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