Norcod Balance Sheet Health
Financial Health criteria checks 2/6
Norcod has a total shareholder equity of NOK196.8M and total debt of NOK146.9M, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are NOK623.6M and NOK426.8M respectively.
Key information
74.7%
Debt to equity ratio
NOK 146.90m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 8.79m |
| Equity | NOK 196.78m |
| Total liabilities | NOK 426.83m |
| Total assets | NOK 623.62m |
Recent financial health updates
Norcod (OB:NCOD) Is Making Moderate Use Of Debt
Oct 14
We Think Norcod (OB:NCOD) Has A Fair Chunk Of Debt
Jun 04Is Norcod (OB:NCOD) A Risky Investment?
Mar 04Recent updates
Insufficient Growth At Norcod AS (OB:NCOD) Hampers Share Price
Dec 21Norcod (OB:NCOD) Is Making Moderate Use Of Debt
Oct 14Norcod AS' (OB:NCOD) P/S Is Still On The Mark Following 77% Share Price Bounce
Jul 26Norcod AS (OB:NCOD) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable
Jun 05We Think Norcod (OB:NCOD) Has A Fair Chunk Of Debt
Jun 04Is Norcod (OB:NCOD) A Risky Investment?
Mar 04A Piece Of The Puzzle Missing From Norcod AS' (OB:NCOD) Share Price
Dec 26It's Down 28% But Norcod AS (OB:NCOD) Could Be Riskier Than It Looks
Nov 11Financial Position Analysis
Short Term Liabilities: NCOD's short term assets (NOK282.4M) exceed its short term liabilities (NOK281.4M).
Long Term Liabilities: NCOD's short term assets (NOK282.4M) exceed its long term liabilities (NOK145.4M).
Debt to Equity History and Analysis
Debt Level: NCOD's net debt to equity ratio (70.2%) is considered high.
Reducing Debt: Insufficient data to determine if NCOD'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: NCOD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NCOD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.7% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 09:50 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Norcod AS is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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