Photocure Balance Sheet Health
Financial Health criteria checks 6/6
Photocure has a total shareholder equity of NOK499.7M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK720.5M and NOK220.7M respectively. Photocure's EBIT is NOK41.7M making its interest coverage ratio 2.9. It has cash and short-term investments of NOK291.1M.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | 2.9x |
| Cash | NOK 291.05m |
| Equity | NOK 499.73m |
| Total liabilities | NOK 220.74m |
| Total assets | NOK 720.47m |
Recent financial health updates
Recent updates
Photocure ASA's (OB:PHO) Shares Leap 29% Yet They're Still Not Telling The Full Story
Dec 21
We Think Photocure's (OB:PHO) Robust Earnings Are Conservative
Aug 14Photocure ASA's (OB:PHO) P/S Still Appears To Be Reasonable
Jun 01Photocure ASA's (OB:PHO) 26% Jump Shows Its Popularity With Investors
Dec 18Potential Upside For Photocure ASA (OB:PHO) Not Without Risk
Sep 01Time To Worry? Analysts Just Downgraded Their Photocure ASA (OB:PHO) Outlook
Mar 01Analyst Estimates: Here's What Brokers Think Of Photocure ASA (OB:PHO) After Its Second-Quarter Report
Aug 14We Think Photocure (OB:PHO) Can Stay On Top Of Its Debt
Aug 12Do Institutions Own Photocure ASA (OB:PHO) Shares?
Feb 11Financial Position Analysis
Short Term Liabilities: PHO's short term assets (NOK398.4M) exceed its short term liabilities (NOK77.3M).
Long Term Liabilities: PHO's short term assets (NOK398.4M) exceed its long term liabilities (NOK143.5M).
Debt to Equity History and Analysis
Debt Level: PHO is debt free.
Reducing Debt: PHO had no debt 5 years ago.
Debt Coverage: PHO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PHO has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/01 09:02 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| 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 here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 .
Analyst Sources
Photocure ASA is covered by 5 analysts. 2 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 |
|---|---|
| Hans Bohn | Beringer Finance AB |
| null null | Brookline Capital Markets |
| Patrik Ling | DNB Markets |