Tekna Holding Balance Sheet Health
Financial Health criteria checks 5/6
Tekna Holding has a total shareholder equity of CA$26.5M and total debt of CA$31.9M, which brings its debt-to-equity ratio to 120.2%. Its total assets and total liabilities are CA$73.4M and CA$46.8M respectively.
Key information
120.2%
Debt to equity ratio
CA$31.91m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$12.35m |
| Equity | CA$26.55m |
| Total liabilities | CA$46.82m |
| Total assets | CA$73.36m |
Recent financial health updates
Is Tekna Holding (OB:TEKNA) Using Too Much Debt?
Nov 03
Would Tekna Holding (OB:TEKNA) Be Better Off With Less Debt?
Jul 01Recent updates
Tekna Holding ASA's (OB:TEKNA) Shares Leap 27% Yet They're Still Not Telling The Full Story
Jan 17Not Many Are Piling Into Tekna Holding ASA (OB:TEKNA) Stock Yet As It Plummets 30%
Nov 13Is Tekna Holding (OB:TEKNA) Using Too Much Debt?
Nov 03Benign Growth For Tekna Holding ASA (OB:TEKNA) Underpins Stock's 27% Plummet
Sep 08Would Tekna Holding (OB:TEKNA) Be Better Off With Less Debt?
Jul 01Investors Don't See Light At End Of Tekna Holding ASA's (OB:TEKNA) Tunnel And Push Stock Down 27%
Apr 18Tekna Holding ASA's (OB:TEKNA) Analyst Just Slashed This Year's Estimates
Aug 26Financial Position Analysis
Short Term Liabilities: TEKNA's short term assets (CA$37.5M) exceed its short term liabilities (CA$11.7M).
Long Term Liabilities: TEKNA's short term assets (CA$37.5M) exceed its long term liabilities (CA$35.1M).
Debt to Equity History and Analysis
Debt Level: TEKNA's net debt to equity ratio (73.7%) is considered high.
Reducing Debt: TEKNA's debt to equity ratio has reduced from 839.9% to 120.2% 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: TEKNA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TEKNA has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 3% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/15 11:22 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Tekna Holding ASA is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kristian Støle | Carnegie Investment Bank AB |