Måsøval Balance Sheet Health
Financial Health criteria checks 3/6
Måsøval has a total shareholder equity of NOK1.8B and total debt of NOK1.5B, which brings its debt-to-equity ratio to 83.7%. Its total assets and total liabilities are NOK5.2B and NOK3.4B respectively. Måsøval's EBIT is NOK361.3M making its interest coverage ratio 2.7. It has cash and short-term investments of NOK9.6M.
Key information
83.7%
Debt to equity ratio
kr1.50b
Debt
| Interest coverage ratio | 2.7x |
| Cash | kr9.57m |
| Equity | kr1.79b |
| Total liabilities | kr3.37b |
| Total assets | kr5.16b |
Recent financial health updates
Recent updates
Is Måsøval (OB:MAS) Using Too Much Debt?
Jan 20
A Look At The Fair Value Of Måsøval AS (OB:MAS)
Jan 26Måsøval (OB:MAS) Looks To Prolong Its Impressive Returns
Oct 27Need To Know: Analysts Just Made A Substantial Cut To Their Måsøval AS (OB:MAS) Estimates
Sep 01Why Måsøval's (OB:MAS) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 24Financial Position Analysis
Short Term Liabilities: MAS's short term assets (NOK1.7B) do not cover its short term liabilities (NOK2.3B).
Long Term Liabilities: MAS's short term assets (NOK1.7B) exceed its long term liabilities (NOK1.1B).
Debt to Equity History and Analysis
Debt Level: MAS's net debt to equity ratio (83.2%) is considered high.
Reducing Debt: MAS's debt to equity ratio has reduced from 126.4% to 83.7% over the past 5 years.
Debt Coverage: MAS's debt is well covered by operating cash flow (29.7%).
Interest Coverage: MAS's interest payments on its debt are not well covered by EBIT (2.7x coverage).