Salmon Evolution Balance Sheet Health
Financial Health criteria checks 4/6
Salmon Evolution has a total shareholder equity of NOK1.9B and total debt of NOK683.8M, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are NOK2.7B and NOK811.7M respectively.
Key information
35.6%
Debt to equity ratio
kr683.80m
Debt
Interest coverage ratio | n/a |
Cash | kr340.20m |
Equity | kr1.92b |
Total liabilities | kr811.73m |
Total assets | kr2.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SALMEO's short term assets (NOK632.6M) exceed its short term liabilities (NOK225.5M).
Long Term Liabilities: SALMEO's short term assets (NOK632.6M) exceed its long term liabilities (NOK586.2M).
Debt to Equity History and Analysis
Debt Level: SALMEO's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: SALMEO's debt to equity ratio has increased from 5.3% to 35.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SALMEO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SALMEO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30% each year