Rana Gruber Balance Sheet Health
Financial Health criteria checks 6/6
Rana Gruber has a total shareholder equity of NOK877.3M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK1.7B and NOK868.2M respectively. Rana Gruber's EBIT is NOK588.6M making its interest coverage ratio -203.3. It has cash and short-term investments of NOK252.5M.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | -203.3x |
| Cash | NOK 252.50m |
| Equity | NOK 877.27m |
| Total liabilities | NOK 868.15m |
| Total assets | NOK 1.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RANAO's short term assets (NOK697.3M) exceed its short term liabilities (NOK605.7M).
Long Term Liabilities: RANAO's short term assets (NOK697.3M) exceed its long term liabilities (NOK262.5M).
Debt to Equity History and Analysis
Debt Level: RANAO is debt free.
Reducing Debt: RANAO has no debt compared to 5 years ago when its debt to equity ratio was 144.4%.
Debt Coverage: RANAO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RANAO has no debt, therefore coverage of interest payments is not a concern.