Pexip Holding Balance Sheet Health
Financial Health criteria checks 6/6
Pexip Holding has a total shareholder equity of NOK1.5B and total debt of NOK1.8M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are NOK2.0B and NOK493.7M respectively. Pexip Holding's EBIT is NOK83.4M making its interest coverage ratio -3.5. It has cash and short-term investments of NOK593.2M.
Key information
0.1%
Debt to equity ratio
NOK 1.78m
Debt
| Interest coverage ratio | -3.5x |
| Cash | NOK 593.23m |
| Equity | NOK 1.53b |
| Total liabilities | NOK 493.71m |
| Total assets | NOK 2.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PEXIPO's short term assets (NOK791.8M) exceed its short term liabilities (NOK426.5M).
Long Term Liabilities: PEXIPO's short term assets (NOK791.8M) exceed its long term liabilities (NOK67.2M).
Debt to Equity History and Analysis
Debt Level: PEXIPO has more cash than its total debt.
Reducing Debt: PEXIPO's debt to equity ratio has reduced from 1.4% to 0.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PEXIPO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PEXIPO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.6% per year.