BioFish Holding Balance Sheet Health
Financial Health criteria checks 2/6
BioFish Holding has a total shareholder equity of NOK190.4M and total debt of NOK60.0M, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are NOK268.5M and NOK78.2M respectively.
Key information
31.5%
Debt to equity ratio
NOK 60.00m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 410.00k |
| Equity | NOK 190.35m |
| Total liabilities | NOK 78.20m |
| Total assets | NOK 268.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BFISH's short term assets (NOK38.9M) exceed its short term liabilities (NOK28.2M).
Long Term Liabilities: BFISH's short term assets (NOK38.9M) do not cover its long term liabilities (NOK50.0M).
Debt to Equity History and Analysis
Debt Level: BFISH's net debt to equity ratio (31.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BFISH's debt to equity ratio has reduced 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: BFISH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BFISH has less than a year of cash runway if free cash flow continues to grow at historical rates of 34% each year.