Aker BioMarine Balance Sheet Health
Financial Health criteria checks 5/6
Aker BioMarine has a total shareholder equity of $355.5M and total debt of $182.2M, which brings its debt-to-equity ratio to 51.3%. Its total assets and total liabilities are $810.1M and $454.6M respectively. Aker BioMarine's EBIT is $2.1M making its interest coverage ratio 0.1. It has cash and short-term investments of $16.3M.
Key information
51.3%
Debt to equity ratio
US$182.20m
Debt
| Interest coverage ratio | 0.08x |
| Cash | US$16.30m |
| Equity | US$355.50m |
| Total liabilities | US$454.60m |
| Total assets | US$810.10m |
Recent financial health updates
Recent updates
At kr102, Is It Time To Put Aker BioMarine AS (OB:AKBM) On Your Watch List?
Aug 20
Optimistic 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 ($562.5M) exceed its short term liabilities ($41.1M).
Long Term Liabilities: AKBM's short term assets ($562.5M) exceed its long term liabilities ($413.5M).
Debt to Equity History and Analysis
Debt Level: AKBM's net debt to equity ratio (46.7%) is considered high.
Reducing Debt: AKBM's debt to equity ratio has reduced from 187% to 51.3% 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: Whilst unprofitable AKBM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AKBM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.2% per year.