ArcticZymes Technologies Balance Sheet Health
Financial Health criteria checks 6/6
ArcticZymes Technologies has a total shareholder equity of NOK313.6M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK342.8M and NOK29.1M respectively. ArcticZymes Technologies's EBIT is NOK12.0M making its interest coverage ratio -1.3. It has cash and short-term investments of NOK243.0M.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | -1.3x |
| Cash | NOK 242.98m |
| Equity | NOK 313.64m |
| Total liabilities | NOK 29.14m |
| Total assets | NOK 342.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DRV's short term assets (NOK282.5M) exceed its short term liabilities (NOK22.2M).
Long Term Liabilities: 0DRV's short term assets (NOK282.5M) exceed its long term liabilities (NOK6.9M).
Debt to Equity History and Analysis
Debt Level: 0DRV is debt free.
Reducing Debt: 0DRV has not had any debt for past 5 years.
Debt Coverage: 0DRV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0DRV has no debt, therefore coverage of interest payments is not a concern.