Hofseth BioCare Balance Sheet Health
Financial Health criteria checks 1/6
Hofseth BioCare has a total shareholder equity of NOK103.1M and total debt of NOK195.6M, which brings its debt-to-equity ratio to 189.8%. Its total assets and total liabilities are NOK365.3M and NOK262.2M respectively.
Key information
189.8%
Debt to equity ratio
NOK 195.58m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 23.38m |
| Equity | NOK 103.07m |
| Total liabilities | NOK 262.24m |
| Total assets | NOK 365.31m |
Recent financial health updates
Here's Why Hofseth BioCare (OB:HBC) Can Afford Some Debt
Apr 01
We Think Hofseth BioCare (OB:HBC) Has A Fair Chunk Of Debt
Dec 22Health Check: How Prudently Does Hofseth BioCare (OB:HBC) Use Debt?
Apr 28Hofseth BioCare (OB:HBC) Is Carrying A Fair Bit Of Debt
Oct 16Is Hofseth BioCare (OB:HBC) Using Debt Sensibly?
Feb 24Recent updates
Here's Why Hofseth BioCare (OB:HBC) Can Afford Some Debt
Apr 01We Think Hofseth BioCare (OB:HBC) Has A Fair Chunk Of Debt
Dec 22Health Check: How Prudently Does Hofseth BioCare (OB:HBC) Use Debt?
Apr 28Hofseth BioCare (OB:HBC) Is Carrying A Fair Bit Of Debt
Oct 16Is Hofseth BioCare (OB:HBC) Using Debt Sensibly?
Feb 24How Much Of Hofseth BioCare ASA (OB:HBC) Do Insiders Own?
Jan 28Are Insiders Buying Hofseth BioCare ASA (OB:HBC) Stock?
Dec 25
Hofseth BioCare (OB:HBC) Shareholders Have Enjoyed A Whopping 339% Share Price Gain
Nov 20Financial Position Analysis
Short Term Liabilities: HBC's short term assets (NOK125.3M) do not cover its short term liabilities (NOK172.5M).
Long Term Liabilities: HBC's short term assets (NOK125.3M) exceed its long term liabilities (NOK89.7M).
Debt to Equity History and Analysis
Debt Level: HBC's net debt to equity ratio (167.1%) is considered high.
Reducing Debt: HBC's debt to equity ratio has increased from 95.3% to 189.8% 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: HBC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HBC has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.5% each year.