Havila Kystruten Balance Sheet Health
Financial Health criteria checks 0/6
Havila Kystruten has a total shareholder equity of NOK465.5M and total debt of NOK3.8B, which brings its debt-to-equity ratio to 805.5%. Its total assets and total liabilities are NOK4.8B and NOK4.3B respectively.
Key information
805.5%
Debt to equity ratio
kr3.75b
Debt
| Interest coverage ratio | n/a |
| Cash | kr150.16m |
| Equity | kr465.53m |
| Total liabilities | kr4.29b |
| Total assets | kr4.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HKY's short term assets (NOK413.7M) do not cover its short term liabilities (NOK1.2B).
Long Term Liabilities: HKY's short term assets (NOK413.7M) do not cover its long term liabilities (NOK3.1B).
Debt to Equity History and Analysis
Debt Level: HKY's net debt to equity ratio (773.3%) is considered high.
Reducing Debt: Insufficient data to determine if HKY's debt to equity ratio has reduced 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: HKY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HKY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.