North Energy Balance Sheet Health

Financial Health criteria checks 3/6

North Energy has a total shareholder equity of NOK357.9M and total debt of NOK7.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK365.5M and NOK7.6M respectively.

Key information

0.002%

Debt to equity ratio

NOK 7.00k

Debt

Interest coverage ration/a
CashNOK 121.88m
EquityNOK 357.89m
Total liabilitiesNOK 7.61m
Total assetsNOK 365.50m

Recent financial health updates

No updates

Recent updates

A Look At The Intrinsic Value Of North Energy ASA (OB:NORTH)

Aug 09
A Look At The Intrinsic Value Of North Energy ASA (OB:NORTH)

We're Not So Sure You Should Rely on North Energy's (OB:NORTH) Statutory Earnings

Feb 01
We're Not So Sure You Should Rely on North Energy's (OB:NORTH) Statutory Earnings

Financial Position Analysis

Short Term Liabilities: NORTH's short term assets (NOK125.0M) exceed its short term liabilities (NOK5.1M).

Long Term Liabilities: NORTH's short term assets (NOK125.0M) exceed its long term liabilities (NOK2.5M).


Debt to Equity History and Analysis

Debt Level: NORTH has more cash than its total debt.

Reducing Debt: NORTH's debt to equity ratio has increased from 0% to 0% over the past 5 years.

Debt Coverage: NORTH's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if NORTH's interest payments on its debt are well covered by EBIT.


Balance Sheet


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