North Energy Balance Sheet Health
Financial Health criteria checks 3/6
North Energy has a total shareholder equity of NOK321.1M and total debt of NOK13.6M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are NOK342.3M and NOK21.2M respectively.
Key information
4.2%
Debt to equity ratio
NOK 13.58m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 108.91m |
| Equity | NOK 321.13m |
| Total liabilities | NOK 21.22m |
| Total assets | NOK 342.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MD9's short term assets (NOK112.4M) exceed its short term liabilities (NOK17.7M).
Long Term Liabilities: 0MD9's short term assets (NOK112.4M) exceed its long term liabilities (NOK3.5M).
Debt to Equity History and Analysis
Debt Level: 0MD9 has more cash than its total debt.
Reducing Debt: 0MD9's debt to equity ratio has increased from 0% to 4.2% over the past 5 years.
Debt Coverage: 0MD9's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 0MD9's interest payments on its debt are well covered by EBIT.