Eqva ASA

OB:EQVA Stock Report

Market Cap: NOK 452.1m

Eqva Balance Sheet Health

Financial Health criteria checks 3/6

Eqva has a total shareholder equity of NOK320.7M and total debt of NOK216.6M, which brings its debt-to-equity ratio to 67.5%. Its total assets and total liabilities are NOK751.7M and NOK430.9M respectively. Eqva's EBIT is NOK51.6M making its interest coverage ratio 2.1. It has cash and short-term investments of NOK48.0M.

Key information

67.5%

Debt to equity ratio

NOK 216.62m

Debt

Interest coverage ratio2.1x
CashNOK 47.99m
EquityNOK 320.75m
Total liabilitiesNOK 430.90m
Total assetsNOK 751.65m

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 (NOK341.1M) exceed its short term liabilities (NOK307.3M).

Long Term Liabilities: EQVA's short term assets (NOK341.1M) exceed its long term liabilities (NOK123.6M).

Debt to Equity History and Analysis

Debt Level: EQVA's net debt to equity ratio (52.6%) is considered high.

Reducing Debt: EQVA's debt to equity ratio has reduced from 454.3% to 67.5% 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 (2.1x coverage).

Balance Sheet

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