Akastor Balance Sheet Health
Financial Health criteria checks 2/6
Akastor has a total shareholder equity of NOK4.0B and total debt of NOK1.4B, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are NOK6.0B and NOK2.1B respectively.
Key information
34.5%
Debt to equity ratio
kr1.37b
Debt
| Interest coverage ratio | n/a |
| Cash | kr144.00m |
| Equity | kr3.97b |
| Total liabilities | kr2.08b |
| Total assets | kr6.05b |
Recent financial health updates
Akastor (OB:AKAST) Has A Somewhat Strained Balance Sheet
Jul 02
Is Akastor (OB:AKAST) Using Too Much Debt?
Jan 14Is Akastor (OB:AKAST) Using Debt Sensibly?
Sep 15Is Akastor (OB:AKAST) A Risky Investment?
Jun 04Akastor (OB:AKAST) Has Debt But No Earnings; Should You Worry?
Jan 17Here's Why Akastor (OB:AKAST) Can Manage Its Debt Responsibly
Feb 12
Recent updates
We Think Some Shareholders May Hesitate To Increase Akastor ASA's (OB:AKAST) CEO Compensation
Apr 10Akastor's (OB:AKAST) Returns On Capital Are Heading Higher
Dec 12Akastor (OB:AKAST) Has A Somewhat Strained Balance Sheet
Jul 02News Flash: One Akastor ASA (OB:AKAST) Analyst Has Been Trimming Their Revenue Forecasts
May 13Akastor ASA (OB:AKAST) Just Reported Yearly Earnings And Analysts Are Lifting Their Estimates
Feb 19Is Akastor (OB:AKAST) Using Too Much Debt?
Jan 14Is Akastor (OB:AKAST) Using Debt Sensibly?
Sep 15Is Akastor (OB:AKAST) A Risky Investment?
Jun 04Akastor (OB:AKAST) Has Debt But No Earnings; Should You Worry?
Jan 17It's Unlikely That The CEO Of Akastor ASA (OB:AKAST) Will See A Huge Pay Rise This Year
Apr 08Akastor's (OB:AKAST) Shareholders Are Down 56% On Their Shares
Mar 10Here's Why Akastor (OB:AKAST) Can Manage Its Debt Responsibly
Feb 12Have Insiders Been Buying Akastor ASA (OB:AKAST) Shares?
Jan 17What Type Of Shareholders Make Up Akastor ASA's (OB:AKAST) Share Registry?
Dec 21A Look At Akastor's (OB:AKA) Share Price Returns
Nov 30Financial Position Analysis
Short Term Liabilities: AKAST's short term assets (NOK769.0M) do not cover its short term liabilities (NOK1.5B).
Long Term Liabilities: AKAST's short term assets (NOK769.0M) exceed its long term liabilities (NOK574.0M).
Debt to Equity History and Analysis
Debt Level: AKAST's net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: AKAST's debt to equity ratio has increased from 13.9% to 34.5% 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: AKAST has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AKAST has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.