Etman International Balance Sheet Health
Financial Health criteria checks 2/6
Etman International has a total shareholder equity of NOK249.5M and total debt of NOK161.9M, which brings its debt-to-equity ratio to 64.9%. Its total assets and total liabilities are NOK582.6M and NOK333.1M respectively.
Key information
64.9%
Debt to equity ratio
NOK 161.94m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 52.39m |
| Equity | NOK 249.50m |
| Total liabilities | NOK 333.11m |
| Total assets | NOK 582.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETMA's short term assets (NOK387.3M) exceed its short term liabilities (NOK239.7M).
Long Term Liabilities: ETMA's short term assets (NOK387.3M) exceed its long term liabilities (NOK93.4M).
Debt to Equity History and Analysis
Debt Level: ETMA's net debt to equity ratio (43.9%) is considered high.
Reducing Debt: ETMA's debt to equity ratio has increased from 26.8% to 64.9% over the past 5 years.
Debt Coverage: Insufficient data to determine if ETMA's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if ETMA's interest payments on its debt are well covered by EBIT.