StrongPoint Balance Sheet Health
Financial Health criteria checks 5/6
StrongPoint has a total shareholder equity of NOK474.9M and total debt of NOK107.1M, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are NOK1.0B and NOK539.6M respectively.
Key information
22.6%
Debt to equity ratio
kr107.10m
Debt
Interest coverage ratio | n/a |
Cash | kr39.34m |
Equity | kr474.85m |
Total liabilities | kr539.64m |
Total assets | kr1.01b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: STROO's short term assets (NOK547.5M) exceed its short term liabilities (NOK431.2M).
Long Term Liabilities: STROO's short term assets (NOK547.5M) exceed its long term liabilities (NOK108.5M).
Debt to Equity History and Analysis
Debt Level: STROO's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: STROO's debt to equity ratio has reduced from 57.2% to 22.6% over the past 5 years.
Debt Coverage: STROO's debt is well covered by operating cash flow (23.5%).
Interest Coverage: Insufficient data to determine if STROO's interest payments on its debt are well covered by EBIT.