Eqva Balance Sheet Health
Financial Health criteria checks 3/6
Eqva has a total shareholder equity of NOK324.2M and total debt of NOK241.2M, which brings its debt-to-equity ratio to 74.4%. Its total assets and total liabilities are NOK791.7M and NOK467.5M respectively. Eqva's EBIT is NOK55.3M making its interest coverage ratio 2.2. It has cash and short-term investments of NOK86.5M.
Key information
74.4%
Debt to equity ratio
NOK 241.22m
Debt
| Interest coverage ratio | 2.2x |
| Cash | NOK 86.49m |
| Equity | NOK 324.20m |
| Total liabilities | NOK 467.46m |
| Total assets | NOK 791.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QWR's short term assets (NOK389.6M) exceed its short term liabilities (NOK335.0M).
Long Term Liabilities: 0QWR's short term assets (NOK389.6M) exceed its long term liabilities (NOK132.5M).
Debt to Equity History and Analysis
Debt Level: 0QWR's net debt to equity ratio (47.7%) is considered high.
Reducing Debt: 0QWR's debt to equity ratio has reduced from 314.4% to 74.4% over the past 5 years.
Debt Coverage: 0QWR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0QWR's interest payments on its debt are not well covered by EBIT (2.2x coverage).