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 ratio | n/a |
Cash | NOK 334.90m |
Equity | NOK 471.00m |
Total liabilities | NOK 155.80m |
Total assets | NOK 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.