Atlantic Sapphire ASA

OB:ASA Stock Report

Market Cap: NOK 172.8m

Atlantic Sapphire Balance Sheet Health

Financial Health criteria checks 4/6

Atlantic Sapphire has a total shareholder equity of $264.7M and total debt of $47.8M, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are $328.4M and $63.7M respectively.

Key information

18.1%

Debt to equity ratio

US$47.80m

Debt

Interest coverage ration/a
CashUS$9.97m
EquityUS$264.73m
Total liabilitiesUS$63.72m
Total assetsUS$328.45m

Recent financial health updates

Would Atlantic Sapphire (OB:ASA) Be Better Off With Less Debt?

Apr 28
Would Atlantic Sapphire (OB:ASA) Be Better Off With Less Debt?

Recent updates

Growth Investors: Industry Analysts Just Upgraded Their Atlantic Sapphire ASA (OB:ASA) Revenue Forecasts By 31%

Aug 15
Growth Investors: Industry Analysts Just Upgraded Their Atlantic Sapphire ASA (OB:ASA) Revenue Forecasts By 31%

Revenue Downgrade: Here's What Analysts Forecast For Atlantic Sapphire ASA (OB:ASA)

Oct 19
Revenue Downgrade: Here's What Analysts Forecast For Atlantic Sapphire ASA (OB:ASA)

Atlantic Sapphire ASA (OB:ASA) Analysts Just Trimmed Their Revenue Forecasts By 23%

Aug 31
Atlantic Sapphire ASA (OB:ASA) Analysts Just Trimmed Their Revenue Forecasts By 23%

Bearish: Analysts Just Cut Their Atlantic Sapphire ASA (OB:ASA) Revenue and EPS estimates

Jul 01
Bearish: Analysts Just Cut Their Atlantic Sapphire ASA (OB:ASA) Revenue and EPS estimates

Would Atlantic Sapphire (OB:ASA) Be Better Off With Less Debt?

Apr 28
Would Atlantic Sapphire (OB:ASA) Be Better Off With Less Debt?

Is Now An Opportune Moment To Examine Atlantic Sapphire ASA (OB:ASA)?

Feb 09
Is Now An Opportune Moment To Examine Atlantic Sapphire ASA (OB:ASA)?

Breakeven On The Horizon For Atlantic Sapphire ASA (OB:ASA)

Apr 19
Breakeven On The Horizon For Atlantic Sapphire ASA (OB:ASA)

Did The Underlying Business Drive Atlantic Sapphire's (OB:ASA) Lovely 386% Share Price Gain?

Mar 08
Did The Underlying Business Drive Atlantic Sapphire's (OB:ASA) Lovely 386% Share Price Gain?

Have Insiders Been Buying Atlantic Sapphire ASA (OB:ASA) Shares?

Feb 10
Have Insiders Been Buying Atlantic Sapphire ASA (OB:ASA) Shares?

Atlantic Sapphire ASA's (OB:ASA) Has Found A Path To Profitability

Jan 15
Atlantic Sapphire ASA's (OB:ASA) Has Found A Path To Profitability

Financial Position Analysis

Short Term Liabilities: ASA's short term assets ($34.3M) exceed its short term liabilities ($24.3M).

Long Term Liabilities: ASA's short term assets ($34.3M) do not cover its long term liabilities ($39.4M).

Debt to Equity History and Analysis

Debt Level: ASA's net debt to equity ratio (14.3%) is considered satisfactory.

Reducing Debt: ASA's debt to equity ratio has increased from 12.6% to 18.1% 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: ASA has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: ASA is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/19 17:40
End of Day Share Price 2025/03/19 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Atlantic Sapphire ASA is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander JonesBofA Global Research
Ole-Andreas KrohnDNB Markets
Martin KarlsenDNB Markets