Norconsult Balance Sheet Health
Financial Health criteria checks 6/6
Norconsult has a total shareholder equity of NOK2.3B and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK6.4B and NOK4.1B respectively. Norconsult's EBIT is NOK492.0M making its interest coverage ratio 44.7. It has cash and short-term investments of NOK815.0M.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | 44.7x |
| Cash | NOK 815.00m |
| Equity | NOK 2.33b |
| Total liabilities | NOK 4.09b |
| Total assets | NOK 6.42b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NORCO's short term assets (NOK3.4B) exceed its short term liabilities (NOK2.7B).
Long Term Liabilities: NORCO's short term assets (NOK3.4B) exceed its long term liabilities (NOK1.3B).
Debt to Equity History and Analysis
Debt Level: NORCO is debt free.
Reducing Debt: NORCO had no debt 5 years ago.
Debt Coverage: NORCO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NORCO has no debt, therefore coverage of interest payments is not a concern.