Horisont Energi Balance Sheet Health
Financial Health criteria checks 4/6
Horisont Energi has a total shareholder equity of NOK102.5M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK130.9M and NOK28.4M respectively.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 98.31m |
| Equity | NOK 102.53m |
| Total liabilities | NOK 28.41m |
| Total assets | NOK 130.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HRGI's short term assets (NOK119.1M) exceed its short term liabilities (NOK26.6M).
Long Term Liabilities: HRGI's short term assets (NOK119.1M) exceed its long term liabilities (NOK1.8M).
Debt to Equity History and Analysis
Debt Level: HRGI is debt free.
Reducing Debt: HRGI had no debt 5 years ago.
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: HRGI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HRGI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.1% each year