Statt Torsk Balance Sheet Health
Financial Health criteria checks 1/6
Statt Torsk has a total shareholder equity of NOK54.2M and total debt of NOK53.3M, which brings its debt-to-equity ratio to 98.3%. Its total assets and total liabilities are NOK177.3M and NOK123.2M respectively.
Key information
98.3%
Debt to equity ratio
NOK 53.29m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 1.44m |
| Equity | NOK 54.19m |
| Total liabilities | NOK 123.15m |
| Total assets | NOK 177.34m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STATT's short term assets (NOK63.7M) do not cover its short term liabilities (NOK93.4M).
Long Term Liabilities: STATT's short term assets (NOK63.7M) exceed its long term liabilities (NOK29.7M).
Debt to Equity History and Analysis
Debt Level: STATT's net debt to equity ratio (95.7%) is considered high.
Reducing Debt: Insufficient data to determine if STATT'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: STATT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: STATT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.4% each year