Thor Medical Balance Sheet Health
Financial Health criteria checks 5/6
Thor Medical has a total shareholder equity of NOK271.9M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK330.8M and NOK58.9M respectively.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 41.77m |
| Equity | NOK 271.93m |
| Total liabilities | NOK 58.91m |
| Total assets | NOK 330.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRMEDO's short term assets (NOK45.3M) exceed its short term liabilities (NOK4.4M).
Long Term Liabilities: TRMEDO's short term assets (NOK45.3M) do not cover its long term liabilities (NOK54.5M).
Debt to Equity History and Analysis
Debt Level: TRMEDO is debt free.
Reducing Debt: TRMEDO has not had any debt for past 5 years.
Debt Coverage: TRMEDO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TRMEDO has no debt, therefore coverage of interest payments is not a concern.