AKVA group has a total shareholder equity of NOK1.3B and total debt of NOK754.8M, which brings its debt-to-equity ratio to 57.9%. Its total assets and total liabilities are NOK3.6B and NOK2.3B respectively. AKVA group's EBIT is NOK140.6M making its interest coverage ratio 3.6. It has cash and short-term investments of NOK260.6M.
Key information
57.9%
Debt to equity ratio
NOK 754.81m
Debt
Interest coverage ratio
3.6x
Cash
NOK 260.55m
Equity
NOK 1.30b
Total liabilities
NOK 2.28b
Total assets
NOK 3.58b
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DIP's short term assets (NOK1.6B) exceed its short term liabilities (NOK1.3B).
Long Term Liabilities: 0DIP's short term assets (NOK1.6B) exceed its long term liabilities (NOK929.6M).
Debt to Equity History and Analysis
Debt Level: 0DIP's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: 0DIP's debt to equity ratio has reduced from 98.8% to 57.9% over the past 5 years.
Debt Coverage: 0DIP's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 0DIP's interest payments on its debt are well covered by EBIT (3.6x coverage).