Salmon Evolution Balance Sheet Health
Financial Health criteria checks 4/6
Salmon Evolution has a total shareholder equity of NOK2.3B and total debt of NOK687.3M, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are NOK3.1B and NOK864.4M respectively.
Key information
30.5%
Debt to equity ratio
NOK 687.35m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 563.25m |
| Equity | NOK 2.25b |
| Total liabilities | NOK 864.35m |
| Total assets | NOK 3.11b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SALME's short term assets (NOK867.5M) exceed its short term liabilities (NOK278.8M).
Long Term Liabilities: SALME's short term assets (NOK867.5M) exceed its long term liabilities (NOK585.6M).
Debt to Equity History and Analysis
Debt Level: SALME's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: SALME's debt to equity ratio has increased from 5.5% to 30.5% 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 sufficient cash runway for more than a year 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 18.6% each year