Techstep Balance Sheet Health
Financial Health criteria checks 4/6
Techstep has a total shareholder equity of NOK547.2M and total debt of NOK168.7M, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are NOK1.1B and NOK601.5M respectively.
Key information
30.8%
Debt to equity ratio
NOK 168.74m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 15.36m |
| Equity | NOK 547.23m |
| Total liabilities | NOK 601.51m |
| Total assets | NOK 1.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0K2D's short term assets (NOK187.4M) do not cover its short term liabilities (NOK433.8M).
Long Term Liabilities: 0K2D's short term assets (NOK187.4M) exceed its long term liabilities (NOK167.7M).
Debt to Equity History and Analysis
Debt Level: 0K2D's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: 0K2D's debt to equity ratio has increased from 10.5% to 30.8% 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 0K2D has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 0K2D is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 21.1% per year.