Horisont Energi Balance Sheet Health
Financial Health criteria checks 5/6
Horisont Energi has a total shareholder equity of NOK191.5M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK260.0M and NOK68.5M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | n/a |
Cash | kr200.40m |
Equity | kr191.49m |
Total liabilities | kr68.54m |
Total assets | kr260.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HRGI's short term assets (NOK245.3M) exceed its short term liabilities (NOK63.7M).
Long Term Liabilities: HRGI's short term assets (NOK245.3M) exceed its long term liabilities (NOK4.8M).
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 sufficient cash runway for more than a year 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 48.9% each year