Eqva Balance Sheet Health
Financial Health criteria checks 3/6
Eqva has a total shareholder equity of NOK324.2M and total debt of NOK241.2M, which brings its debt-to-equity ratio to 74.4%. Its total assets and total liabilities are NOK791.7M and NOK467.5M respectively. Eqva's EBIT is NOK55.3M making its interest coverage ratio 2.2. It has cash and short-term investments of NOK86.5M.
Key information
74.4%
Debt to equity ratio
NOK 241.22m
Debt
Interest coverage ratio | 2.2x |
Cash | NOK 86.49m |
Equity | NOK 324.20m |
Total liabilities | NOK 467.46m |
Total assets | NOK 791.66m |
Recent financial health updates
Eqva (OB:EQVA) Takes On Some Risk With Its Use Of Debt
Jun 29Eqva (OB:EQVA) Has Debt But No Earnings; Should You Worry?
Nov 15Eqva (OB:EQVA) Is Making Moderate Use Of Debt
Jul 20Is Havyard Group (OB:HYARD) A Risky Investment?
Sep 01Recent updates
Eqva (OB:EQVA) Takes On Some Risk With Its Use Of Debt
Jun 29Improved Revenues Required Before Eqva ASA (OB:EQVA) Stock's 41% Jump Looks Justified
May 28Eqva (OB:EQVA) Has Debt But No Earnings; Should You Worry?
Nov 15Revenues Working Against Eqva ASA's (OB:EQVA) Share Price
Oct 06Eqva (OB:EQVA) Is Making Moderate Use Of Debt
Jul 20We Think Havyard Group (OB:HYARD) Might Have The DNA Of A Multi-Bagger
May 21Should You Think About Buying Havyard Group ASA (OB:HYARD) Now?
Nov 28Havyard Group (OB:HYARD) Knows How To Allocate Capital Effectively
Nov 02Is Havyard Group (OB:HYARD) A Risky Investment?
Sep 01Shareholders In Havyard Group (OB:HYARD) Should Look Beyond Earnings For The Full Story
May 06Havyard Group (OB:HYARD) Shareholders Have Enjoyed A Whopping 490% Share Price Gain
Dec 23Financial Position Analysis
Short Term Liabilities: EQVA's short term assets (NOK389.6M) exceed its short term liabilities (NOK335.0M).
Long Term Liabilities: EQVA's short term assets (NOK389.6M) exceed its long term liabilities (NOK132.5M).
Debt to Equity History and Analysis
Debt Level: EQVA's net debt to equity ratio (47.7%) is considered high.
Reducing Debt: EQVA's debt to equity ratio has reduced from 314.4% to 74.4% 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 (2.2x coverage).