Eqva ASA

OB:EQVA Stock Report

Market Cap: NOK 346.2m

Eqva Balance Sheet Health

Financial Health criteria checks 4/6

Eqva has a total shareholder equity of NOK319.5M and total debt of NOK189.5M, which brings its debt-to-equity ratio to 59.3%. Its total assets and total liabilities are NOK776.4M and NOK457.0M respectively. Eqva's EBIT is NOK51.7M making its interest coverage ratio 2.4. It has cash and short-term investments of NOK68.9M.

Key information

59.3%

Debt to equity ratio

NOK 189.46m

Debt

Interest coverage ratio2.4x
CashNOK 68.94m
EquityNOK 319.46m
Total liabilitiesNOK 456.97m
Total assetsNOK 776.43m

Recent financial health updates

Eqva (OB:EQVA) Takes On Some Risk With Its Use Of Debt

Jun 29
Eqva (OB:EQVA) Takes On Some Risk With Its Use Of Debt

Eqva (OB:EQVA) Has Debt But No Earnings; Should You Worry?

Nov 15
Eqva (OB:EQVA) Has Debt But No Earnings; Should You Worry?

Eqva (OB:EQVA) Is Making Moderate Use Of Debt

Jul 20
Eqva (OB:EQVA) Is Making Moderate Use Of Debt

Is Havyard Group (OB:HYARD) A Risky Investment?

Sep 01
Is Havyard Group (OB:HYARD) A Risky Investment?

Recent updates

Impressive Earnings May Not Tell The Whole Story For Eqva (OB:EQVA)

Sep 06
Impressive Earnings May Not Tell The Whole Story For Eqva (OB:EQVA)

Improved Revenues Required Before Eqva ASA (OB:EQVA) Stock's 25% Jump Looks Justified

Sep 03
Improved Revenues Required Before Eqva ASA (OB:EQVA) Stock's 25% Jump Looks Justified

Eqva (OB:EQVA) Takes On Some Risk With Its Use Of Debt

Jun 29
Eqva (OB:EQVA) Takes On Some Risk With Its Use Of Debt

Improved Revenues Required Before Eqva ASA (OB:EQVA) Stock's 41% Jump Looks Justified

May 28
Improved Revenues Required Before Eqva ASA (OB:EQVA) Stock's 41% Jump Looks Justified

Eqva (OB:EQVA) Has Debt But No Earnings; Should You Worry?

Nov 15
Eqva (OB:EQVA) Has Debt But No Earnings; Should You Worry?

Revenues Working Against Eqva ASA's (OB:EQVA) Share Price

Oct 06
Revenues Working Against Eqva ASA's (OB:EQVA) Share Price

Eqva (OB:EQVA) Is Making Moderate Use Of Debt

Jul 20
Eqva (OB:EQVA) Is Making Moderate Use Of Debt

We Think Havyard Group (OB:HYARD) Might Have The DNA Of A Multi-Bagger

May 21
We Think Havyard Group (OB:HYARD) Might Have The DNA Of A Multi-Bagger

Should You Think About Buying Havyard Group ASA (OB:HYARD) Now?

Nov 28
Should You Think About Buying Havyard Group ASA (OB:HYARD) Now?

Havyard Group (OB:HYARD) Knows How To Allocate Capital Effectively

Nov 02
Havyard Group (OB:HYARD) Knows How To Allocate Capital Effectively

Is Havyard Group (OB:HYARD) A Risky Investment?

Sep 01
Is Havyard Group (OB:HYARD) A Risky Investment?

Shareholders In Havyard Group (OB:HYARD) Should Look Beyond Earnings For The Full Story

May 06
Shareholders In Havyard Group (OB:HYARD) Should Look Beyond Earnings For The Full Story

Havyard Group (OB:HYARD) Shareholders Have Enjoyed A Whopping 490% Share Price Gain

Dec 23
Havyard Group (OB:HYARD) Shareholders Have Enjoyed A Whopping 490% Share Price Gain

Financial Position Analysis

Short Term Liabilities: EQVA's short term assets (NOK321.3M) exceed its short term liabilities (NOK319.6M).

Long Term Liabilities: EQVA's short term assets (NOK321.3M) exceed its long term liabilities (NOK137.4M).

Debt to Equity History and Analysis

Debt Level: EQVA's net debt to equity ratio (37.7%) is considered satisfactory.

Reducing Debt: EQVA's debt to equity ratio has reduced from 1220.1% to 59.3% over the past 5 years.

Debt Coverage: EQVA's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: EQVA's interest payments on its debt are not well covered by EBIT (2.4x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 11:16
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Eqva ASA is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution