Aker BioMarine Balance Sheet Health
Financial Health criteria checks 4/6
Aker BioMarine has a total shareholder equity of $189.7M and total debt of $150.2M, which brings its debt-to-equity ratio to 79.2%. Its total assets and total liabilities are $409.0M and $219.3M respectively. Aker BioMarine's EBIT is $4.6M making its interest coverage ratio 0.3. It has cash and short-term investments of $14.9M.
Key information
79.2%
Debt to equity ratio
US$150.20m
Debt
| Interest coverage ratio | 0.3x |
| Cash | US$14.90m |
| Equity | US$189.70m |
| Total liabilities | US$219.30m |
| Total assets | US$409.00m |
Recent financial health updates
Recent updates
Aker BioMarine (OB:AKBM) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 08
Aker BioMarine AS' (OB:AKBM) Revenues Are Not Doing Enough For Some Investors
Nov 05At kr102, Is It Time To Put Aker BioMarine AS (OB:AKBM) On Your Watch List?
Aug 20Optimistic Investors Push Aker BioMarine AS (OB:AKBM) Shares Up 25% But Growth Is Lacking
Jul 19What Does The Future Hold For Aker BioMarine AS (OB:AKBM)? These Analysts Have Been Cutting Their Estimates
Jul 16There Are Reasons To Feel Uneasy About Aker BioMarine's (OB:AKBM) Returns On Capital
Jul 11These 4 Measures Indicate That Aker BioMarine (OB:AKBM) Is Using Debt In A Risky Way
Jun 03There'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 ($223.7M) exceed its short term liabilities ($60.8M).
Long Term Liabilities: AKBM's short term assets ($223.7M) exceed its long term liabilities ($158.5M).
Debt to Equity History and Analysis
Debt Level: AKBM's net debt to equity ratio (71.3%) is considered high.
Reducing Debt: AKBM's debt to equity ratio has reduced from 227.8% to 79.2% over the past 5 years.
Debt Coverage: AKBM's debt is well covered by operating cash flow (34.6%).
Interest Coverage: AKBM's interest payments on its debt are not well covered by EBIT (0.3x coverage).