Aker BioMarine Balance Sheet Health
Financial Health criteria checks 3/6
Aker BioMarine has a total shareholder equity of $366.5M and total debt of $383.3M, which brings its debt-to-equity ratio to 104.6%. Its total assets and total liabilities are $827.1M and $460.6M respectively. Aker BioMarine's EBIT is $5.8M making its interest coverage ratio 0.2. It has cash and short-term investments of $27.5M.
Key information
104.6%
Debt to equity ratio
US$383.30m
Debt
Interest coverage ratio | 0.2x |
Cash | US$27.50m |
Equity | US$366.50m |
Total liabilities | US$460.60m |
Total assets | US$827.10m |
Recent financial health updates
No updates
Recent updates
There's No Escaping Aker BioMarine AS' (OB:AKBM) Muted Revenues
Feb 15There Are Reasons To Feel Uneasy About Aker BioMarine's (OB:AKBM) Returns On Capital
Nov 06Estimating The Fair Value Of Aker BioMarine AS (OB:AKBM)
Sep 06We Think You Should Be Aware Of Some Concerning Factors In Aker BioMarine's (OB:AKBM) Earnings
Nov 04Aker BioMarine AS' (OB:AKBM) Has Found A Path To Profitability
Apr 13Aker BioMarine AS (OB:AKBM) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Feb 18Loss-Making Aker BioMarine AS (OB:AKBM) Set To Breakeven
Jan 07Financial Position Analysis
Short Term Liabilities: AKBM's short term assets ($290.1M) exceed its short term liabilities ($112.9M).
Long Term Liabilities: AKBM's short term assets ($290.1M) do not cover its long term liabilities ($347.7M).
Debt to Equity History and Analysis
Debt Level: AKBM's net debt to equity ratio (97.1%) is considered high.
Reducing Debt: AKBM's debt to equity ratio has reduced from 114.9% to 104.6% 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: AKBM has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AKBM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.