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 ratio0.2x
CashUS$27.50m
EquityUS$366.50m
Total liabilitiesUS$460.60m
Total assetsUS$827.10m

Recent financial health updates

No updates

Recent updates

There's No Escaping Aker BioMarine AS' (OB:AKBM) Muted Revenues

Feb 15
There's No Escaping Aker BioMarine AS' (OB:AKBM) Muted Revenues

There Are Reasons To Feel Uneasy About Aker BioMarine's (OB:AKBM) Returns On Capital

Nov 06
There Are Reasons To Feel Uneasy About Aker BioMarine's (OB:AKBM) Returns On Capital

Estimating The Fair Value Of Aker BioMarine AS (OB:AKBM)

Sep 06
Estimating The Fair Value Of Aker BioMarine AS (OB:AKBM)

We Think You Should Be Aware Of Some Concerning Factors In Aker BioMarine's (OB:AKBM) Earnings

Nov 04
We Think You Should Be Aware Of Some Concerning Factors In Aker BioMarine's (OB:AKBM) Earnings

Aker BioMarine AS' (OB:AKBM) Has Found A Path To Profitability

Apr 13
Aker BioMarine AS' (OB:AKBM) Has Found A Path To Profitability

Aker BioMarine AS (OB:AKBM) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Feb 18
Aker BioMarine AS (OB:AKBM) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Loss-Making Aker BioMarine AS (OB:AKBM) Set To Breakeven

Jan 07
Loss-Making Aker BioMarine AS (OB:AKBM) Set To Breakeven

Financial 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.


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