Aker Horizons Balance Sheet Health
Financial Health criteria checks 3/6
Aker Horizons has a total shareholder equity of NOK10.0B and total debt of NOK18.9B, which brings its debt-to-equity ratio to 188.4%. Its total assets and total liabilities are NOK31.6B and NOK21.6B respectively.
Key information
188.4%
Debt to equity ratio
NOK 18.87b
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 8.73b |
| Equity | NOK 10.01b |
| Total liabilities | NOK 21.57b |
| Total assets | NOK 31.58b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AKH's short term assets (NOK12.8B) exceed its short term liabilities (NOK1.2B).
Long Term Liabilities: AKH's short term assets (NOK12.8B) do not cover its long term liabilities (NOK20.3B).
Debt to Equity History and Analysis
Debt Level: AKH's net debt to equity ratio (101.2%) is considered high.
Reducing Debt: AKH's debt to equity ratio has increased from 0% to 188.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AKH has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AKH has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 19.3% each year.