Etman International Balance Sheet Health
Financial Health criteria checks 2/6
Etman International has a total shareholder equity of NOK199.5M and total debt of NOK237.5M, which brings its debt-to-equity ratio to 119%. Its total assets and total liabilities are NOK559.6M and NOK360.1M respectively.
Key information
119.0%
Debt to equity ratio
kr237.48m
Debt
| Interest coverage ratio | n/a |
| Cash | kr71.69m |
| Equity | kr199.52m |
| Total liabilities | kr360.08m |
| Total assets | kr559.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETMA's short term assets (NOK409.7M) exceed its short term liabilities (NOK297.2M).
Long Term Liabilities: ETMA's short term assets (NOK409.7M) exceed its long term liabilities (NOK62.9M).
Debt to Equity History and Analysis
Debt Level: ETMA's net debt to equity ratio (83.1%) is considered high.
Reducing Debt: ETMA's debt to equity ratio has increased from 31.9% to 119% over the past 5 years.
Debt Coverage: ETMA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ETMA's interest payments on its debt are well covered by EBIT.