Gigante Salmon Balance Sheet Health

Financial Health criteria checks 2/6

Gigante Salmon has a total shareholder equity of NOK715.6M and total debt of NOK217.4M, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are NOK1.1B and NOK392.6M respectively.

Key information

30.4%

Debt to equity ratio

NOK 217.44m

Debt

Interest coverage ration/a
CashNOK 110.59m
EquityNOK 715.62m
Total liabilitiesNOK 392.62m
Total assetsNOK 1.11b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GIGA's short term assets (NOK208.8M) exceed its short term liabilities (NOK56.5M).

Long Term Liabilities: GIGA's short term assets (NOK208.8M) do not cover its long term liabilities (NOK336.1M).


Debt to Equity History and Analysis

Debt Level: GIGA's net debt to equity ratio (14.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if GIGA's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: GIGA's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if GIGA's interest payments on its debt are well covered by EBIT.


Balance Sheet


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