Navamedic has a total shareholder equity of NOK264.1M and total debt of NOK121.5M, which brings its debt-to-equity ratio to 46%. Its total assets and total liabilities are NOK527.5M and NOK263.4M respectively. Navamedic's EBIT is NOK42.1M making its interest coverage ratio 13.4. It has cash and short-term investments of NOK46.5M.
Key information
46.0%
Debt to equity ratio
NOK 121.50m
Debt
Interest coverage ratio
13.4x
Cash
NOK 46.47m
Equity
NOK 264.13m
Total liabilities
NOK 263.37m
Total assets
NOK 527.50m
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0FDB's short term assets (NOK263.9M) exceed its short term liabilities (NOK161.1M).
Long Term Liabilities: 0FDB's short term assets (NOK263.9M) exceed its long term liabilities (NOK102.3M).
Debt to Equity History and Analysis
Debt Level: 0FDB's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: 0FDB's debt to equity ratio has increased from 33.3% to 46% over the past 5 years.
Debt Coverage: 0FDB's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: 0FDB's interest payments on its debt are well covered by EBIT (13.4x coverage).