Salmon Evolution Balance Sheet Health
Financial Health criteria checks 4/6
Salmon Evolution has a total shareholder equity of NOK2.3B and total debt of NOK688.4M, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are NOK3.1B and NOK804.1M respectively.
Key information
30.2%
Debt to equity ratio
NOK 688.37m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 683.42m |
| Equity | NOK 2.28b |
| Total liabilities | NOK 804.06m |
| Total assets | NOK 3.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SALMEO's short term assets (NOK972.1M) exceed its short term liabilities (NOK218.0M).
Long Term Liabilities: SALMEO's short term assets (NOK972.1M) exceed its long term liabilities (NOK586.1M).
Debt to Equity History and Analysis
Debt Level: SALMEO's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: SALMEO's debt to equity ratio has increased from 5.5% to 30.2% 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 3 years 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 23.5% each year