Salmon Evolution Balance Sheet Health
Financial Health criteria checks 3/6
Salmon Evolution has a total shareholder equity of NOK1.9B and total debt of NOK673.2M, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are NOK2.7B and NOK788.9M respectively.
Key information
35.1%
Debt to equity ratio
kr673.24m
Debt
Interest coverage ratio | n/a |
Cash | kr399.30m |
Equity | kr1.92b |
Total liabilities | kr788.89m |
Total assets | kr2.71b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SALME's short term assets (NOK633.1M) exceed its short term liabilities (NOK202.0M).
Long Term Liabilities: SALME's short term assets (NOK633.1M) exceed its long term liabilities (NOK586.9M).
Debt to Equity History and Analysis
Debt Level: SALME's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SALME'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: SALME has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SALME has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.9% each year