Webstep Balance Sheet Health
Financial Health criteria checks 5/6
Webstep has a total shareholder equity of NOK383.7M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK635.8M and NOK252.1M respectively. Webstep's EBIT is NOK61.3M making its interest coverage ratio 16. It has cash and short-term investments of NOK24.9M.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | 16x |
Cash | kr24.85m |
Equity | kr383.72m |
Total liabilities | kr252.11m |
Total assets | kr635.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0TCZ's short term assets (NOK181.9M) do not cover its short term liabilities (NOK209.2M).
Long Term Liabilities: 0TCZ's short term assets (NOK181.9M) exceed its long term liabilities (NOK42.9M).
Debt to Equity History and Analysis
Debt Level: 0TCZ is debt free.
Reducing Debt: 0TCZ has no debt compared to 5 years ago when its debt to equity ratio was 75.6%.
Debt Coverage: 0TCZ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0TCZ has no debt, therefore coverage of interest payments is not a concern.