Thor Medical Balance Sheet Health
Financial Health criteria checks 5/6
Thor Medical has a total shareholder equity of NOK271.9M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK330.8M and NOK58.9M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | n/a |
Cash | kr41.77m |
Equity | kr271.93m |
Total liabilities | kr58.91m |
Total assets | kr330.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRMED's short term assets (NOK45.3M) exceed its short term liabilities (NOK4.4M).
Long Term Liabilities: TRMED's short term assets (NOK45.3M) do not cover its long term liabilities (NOK54.5M).
Debt to Equity History and Analysis
Debt Level: TRMED is debt free.
Reducing Debt: TRMED has not had any debt for past 5 years.
Debt Coverage: TRMED has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TRMED has no debt, therefore coverage of interest payments is not a concern.