Ice Fish Farm Balance Sheet Health
Financial Health criteria checks 4/6
Ice Fish Farm has a total shareholder equity of NOK3.4B and total debt of NOK1.2B, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are NOK5.0B and NOK1.7B respectively. Ice Fish Farm's EBIT is NOK196.3M making its interest coverage ratio 1.7. It has cash and short-term investments of NOK13.2M.
Key information
37.1%
Debt to equity ratio
kr1.25b
Debt
| Interest coverage ratio | 1.7x |
| Cash | kr13.15m |
| Equity | kr3.36b |
| Total liabilities | kr1.69b |
| Total assets | kr5.05b |
Recent financial health updates
Here's Why Ice Fish Farm (OB:IFISH) Can Afford Some Debt
Nov 08
Ice Fish Farm (OB:IFISH) Is Carrying A Fair Bit Of Debt
Apr 13Is Ice Fish Farm (OB:IFISH) Using Too Much Debt?
Aug 15These 4 Measures Indicate That Ice Fish Farm (OB:IFISH) Is Using Debt Reasonably Well
Jun 03Is Ice Fish Farm (OB:IFISH) A Risky Investment?
Feb 14
Recent updates
Estimating The Fair Value Of Ice Fish Farm AS (OB:IFISH)
Apr 04Ice Fish Farm (OB:IFISH) Is Looking To Continue Growing Its Returns On Capital
Jan 12Here's Why Ice Fish Farm (OB:IFISH) Can Afford Some Debt
Nov 08Ice Fish Farm (OB:IFISH) Is Carrying A Fair Bit Of Debt
Apr 13Results: Ice Fish Farm AS Delivered A Surprise Loss And Now Analysts Have New Forecasts
Oct 03Is Ice Fish Farm (OB:IFISH) Using Too Much Debt?
Aug 15The Return Trends At Ice Fish Farm (OB:IFISH) Look Promising
Jul 28Some Confidence Is Lacking In Ice Fish Farm AS (OB:IFISH) As Shares Slide 25%
Feb 26The Return Trends At Ice Fish Farm (OB:IFISH) Look Promising
Feb 23Ice Fish Farm AS' (OB:IFISH) Sole Analyst Just Made A Stunning Upgrade To Their Forecasts
Jan 15One Ice Fish Farm AS (OB:IFISH) Analyst Has Been Cutting Their Forecasts
Nov 24These 4 Measures Indicate That Ice Fish Farm (OB:IFISH) Is Using Debt Reasonably Well
Jun 03Is Ice Fish Farm (OB:IFISH) A Risky Investment?
Feb 14Is Ice Fish Farm AS' (OB:IFISH) 2.3% ROE Worse Than Average?
Jan 18Don't Ignore The Fact That This Insider Just Sold Some Shares In Ice Fish Farm AS (OB:IFISH-ME)
Dec 22Does Ice Fish Farm's (OB:IFISH-ME) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 01Financial Position Analysis
Short Term Liabilities: IFISH's short term assets (NOK1.5B) exceed its short term liabilities (NOK338.9M).
Long Term Liabilities: IFISH's short term assets (NOK1.5B) exceed its long term liabilities (NOK1.3B).
Debt to Equity History and Analysis
Debt Level: IFISH's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: IFISH's debt to equity ratio has reduced from 160.1% to 37.1% over the past 5 years.
Debt Coverage: IFISH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IFISH's interest payments on its debt are not well covered by EBIT (1.7x coverage).