Gigante Salmon Balance Sheet Health
Financial Health criteria checks 2/6
Gigante Salmon has a total shareholder equity of NOK481.2M and total debt of NOK155.9M, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are NOK746.1M and NOK264.9M respectively.
Key information
32.4%
Debt to equity ratio
kr155.86m
Debt
| Interest coverage ratio | n/a |
| Cash | kr33.07m |
| Equity | kr481.23m |
| Total liabilities | kr264.91m |
| Total assets | kr746.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GIGA's short term assets (NOK97.1M) exceed its short term liabilities (NOK27.6M).
Long Term Liabilities: GIGA's short term assets (NOK97.1M) do not cover its long term liabilities (NOK237.3M).
Debt to Equity History and Analysis
Debt Level: GIGA's net debt to equity ratio (25.5%) 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.