Norcod Balance Sheet Health
Financial Health criteria checks 5/6
Norcod has a total shareholder equity of NOK334.3M and total debt of NOK158.2M, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are NOK783.5M and NOK449.2M respectively.
Key information
47.3%
Debt to equity ratio
NOK 158.23m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 140.86m |
| Equity | NOK 334.30m |
| Total liabilities | NOK 449.16m |
| Total assets | NOK 783.47m |
Recent financial health updates
We Think Norcod (OB:NCOD) Has A Fair Chunk Of Debt
Jun 04
Is Norcod (OB:NCOD) A Risky Investment?
Mar 04Recent updates
Norcod 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 (NOK441.7M) exceed its short term liabilities (NOK298.8M).
Long Term Liabilities: NCOD's short term assets (NOK441.7M) exceed its long term liabilities (NOK150.4M).
Debt to Equity History and Analysis
Debt Level: NCOD's net debt to equity ratio (5.2%) is considered satisfactory.
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 sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NCOD is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.