Electromagnetic Geoservices Balance Sheet Health
Financial Health criteria checks 0/6
Electromagnetic Geoservices has a total shareholder equity of $-2.0M and total debt of $19.8M, which brings its debt-to-equity ratio to -993.3%. Its total assets and total liabilities are $26.6M and $28.6M respectively. Electromagnetic Geoservices's EBIT is $5.6M making its interest coverage ratio 2.2. It has cash and short-term investments of $3.7M.
Key information
-993.33%
Debt to equity ratio
US$19.81m
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$3.69m |
| Equity | -US$1.99m |
| Total liabilities | US$28.59m |
| Total assets | US$26.60m |
Recent financial health updates
Electromagnetic Geoservices (OB:EMGS) Has A Somewhat Strained Balance Sheet
Aug 15
Electromagnetic Geoservices (OB:EMGS) Takes On Some Risk With Its Use Of Debt
Feb 01Electromagnetic Geoservices (OB:EMGS) Takes On Some Risk With Its Use Of Debt
Sep 16Is Electromagnetic Geoservices (OB:EMGS) A Risky Investment?
May 27These 4 Measures Indicate That Electromagnetic Geoservices (OB:EMGS) Is Using Debt Extensively
Jan 20Recent updates
Little Excitement Around Electromagnetic Geoservices ASA's (OB:EMGS) Revenues As Shares Take 81% Pounding
Nov 07These Return Metrics Don't Make Electromagnetic Geoservices (OB:EMGS) Look Too Strong
Oct 09Electromagnetic Geoservices ASA (OB:EMGS) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Sep 02Investors Shouldn't Be Too Comfortable With Electromagnetic Geoservices' (OB:EMGS) Earnings
Aug 20Electromagnetic Geoservices (OB:EMGS) Has A Somewhat Strained Balance Sheet
Aug 15Shareholders May Be A Bit More Conservative With Electromagnetic Geoservices ASA's (OB:EMGS) CEO Compensation For Now
Jun 13Revenues Not Telling The Story For Electromagnetic Geoservices ASA (OB:EMGS)
Apr 12Electromagnetic Geoservices' (OB:EMGS) Earnings Are Weaker Than They Seem
Feb 17Electromagnetic Geoservices (OB:EMGS) Takes On Some Risk With Its Use Of Debt
Feb 01Optimistic Investors Push Electromagnetic Geoservices ASA (OB:EMGS) Shares Up 39% But Growth Is Lacking
Dec 31There's Been No Shortage Of Growth Recently For Electromagnetic Geoservices' (OB:EMGS) Returns On Capital
Nov 11Electromagnetic Geoservices (OB:EMGS) Takes On Some Risk With Its Use Of Debt
Sep 16Investors Shouldn't Overlook Electromagnetic Geoservices' (OB:EMGS) Impressive Returns On Capital
Aug 01Is Electromagnetic Geoservices (OB:EMGS) A Risky Investment?
May 27Electromagnetic Geoservices (OB:EMGS) Is Very Good At Capital Allocation
Mar 15Electromagnetic Geoservices ASA's (OB:EMGS) Shares Bounce 84% But Its Business Still Trails The Market
Feb 08These 4 Measures Indicate That Electromagnetic Geoservices (OB:EMGS) Is Using Debt Extensively
Jan 20Electromagnetic Geoservices (OB:EMGS) Is Very Good At Capital Allocation
Aug 24Electromagnetic Geoservices (OB:EMGS) Is Achieving High Returns On Its Capital
Mar 07Financial Position Analysis
Short Term Liabilities: EMGS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: EMGS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: EMGS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: EMGS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: EMGS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EMGS's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/26 19:02 |
| End of Day Share Price | 2025/11/26 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Electromagnetic Geoservices ASA is covered by 7 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 |
|---|---|
| John A. Olaisen | Carnegie Investment Bank AB |
| Sondre Stormyr | Danske Bank |
| Thor Lunder | DNB Carnegie |