HitecVision Balance Sheet Health
Financial Health criteria checks 3/6
HitecVision has a total shareholder equity of NOK782.8M and total debt of NOK250.0M, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are NOK1.1B and NOK311.0M respectively. HitecVision's EBIT is NOK849.3M making its interest coverage ratio 572.5. It has cash and short-term investments of NOK102.2M.
Key information
31.9%
Debt to equity ratio
NOK 250.00m
Debt
| Interest coverage ratio | 572.5x |
| Cash | NOK 102.19m |
| Equity | NOK 782.79m |
| Total liabilities | NOK 311.02m |
| Total assets | NOK 1.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HITV's short term assets (NOK197.8M) exceed its short term liabilities (NOK60.0M).
Long Term Liabilities: HITV's short term assets (NOK197.8M) do not cover its long term liabilities (NOK251.0M).
Debt to Equity History and Analysis
Debt Level: HITV's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: HITV's debt to equity ratio has increased from 8.3% to 31.9% over the past 5 years.
Debt Coverage: Insufficient data to determine if HITV's debt is well covered by operating cash flow.
Interest Coverage: HITV's interest payments on its debt are well covered by EBIT (572.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 19:12 |
| End of Day Share Price | 2024/12/13 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
HitecVision AS is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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