ArcticZymes Technologies Balance Sheet Health
Financial Health criteria checks 6/6
ArcticZymes Technologies has a total shareholder equity of NOK285.0M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK319.3M and NOK34.3M respectively. ArcticZymes Technologies's EBIT is NOK36.5M making its interest coverage ratio -6.4. It has cash and short-term investments of NOK244.2M.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | -6.4x |
| Cash | NOK 244.16m |
| Equity | NOK 284.99m |
| Total liabilities | NOK 34.30m |
| Total assets | NOK 319.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AZTO's short term assets (NOK269.2M) exceed its short term liabilities (NOK24.0M).
Long Term Liabilities: AZTO's short term assets (NOK269.2M) exceed its long term liabilities (NOK10.3M).
Debt to Equity History and Analysis
Debt Level: AZTO is debt free.
Reducing Debt: AZTO has not had any debt for past 5 years.
Debt Coverage: AZTO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AZTO has no debt, therefore coverage of interest payments is not a concern.