M Vest Water Balance Sheet Health
Financial Health criteria checks 4/6
M Vest Water has a total shareholder equity of NOK27.0M and total debt of NOK1.8M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are NOK42.7M and NOK15.6M respectively.
Key information
6.5%
Debt to equity ratio
kr1.75m
Debt
Interest coverage ratio | n/a |
Cash | kr5.48m |
Equity | kr27.03m |
Total liabilities | kr15.65m |
Total assets | kr42.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MVW's short term assets (NOK9.3M) do not cover its short term liabilities (NOK12.3M).
Long Term Liabilities: MVW's short term assets (NOK9.3M) exceed its long term liabilities (NOK3.3M).
Debt to Equity History and Analysis
Debt Level: MVW has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MVW'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: MVW has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MVW is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.