Atea Balance Sheet Health
Financial Health criteria checks 5/6
Atea has a total shareholder equity of NOK4.4B and total debt of NOK592.0M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are NOK21.1B and NOK16.7B respectively. Atea's EBIT is NOK1.2B making its interest coverage ratio 6.8. It has cash and short-term investments of NOK2.0B.
Key information
13.4%
Debt to equity ratio
NOK 592.00m
Debt
| Interest coverage ratio | 6.8x |
| Cash | NOK 2.00b |
| Equity | NOK 4.42b |
| Total liabilities | NOK 16.69b |
| Total assets | NOK 21.11b |
Recent financial health updates
Atea (OB:ATEA) Has A Pretty Healthy Balance Sheet
Jul 13
Here's Why Atea (OB:ATEA) Can Manage Its Debt Responsibly
Aug 09Recent updates
Atea's (OB:ATEA) Conservative Accounting Might Explain Soft Earnings
Feb 14Atea ASA Just Missed Earnings - But Analysts Have Updated Their Models
Feb 09Atea (OB:ATEA) Has Announced A Dividend Of NOK3.50
Nov 06Atea (OB:ATEA) Will Pay A Dividend Of NOK3.50
Oct 23Returns On Capital Are Showing Encouraging Signs At Atea (OB:ATEA)
Oct 08Atea ASA's (OB:ATEA) Shareholders Might Be Looking For Exit
Aug 31Atea's (OB:ATEA) Dividend Will Be NOK3.50
Aug 07Atea (OB:ATEA) Will Pay A Dividend Of NOK3.50
Jul 23Earnings Miss: Atea ASA Missed EPS By 32% And Analysts Are Revising Their Forecasts
Jul 17Atea (OB:ATEA) Has A Pretty Healthy Balance Sheet
Jul 13Atea (OB:ATEA) Will Pay A Dividend Of NOK3.50
Jun 19Atea's (OB:ATEA) Dividend Will Be NOK3.50
May 24Shareholders May Be More Conservative With Atea ASA's (OB:ATEA) CEO Compensation For Now
Apr 19Atea (OB:ATEA) Is Aiming To Keep Up Its Impressive Returns
Mar 13There's Reason For Concern Over Atea ASA's (OB:ATEA) Price
Dec 21Here's What Atea's (OB:ATEA) Strong Returns On Capital Mean
Oct 19Is It Time To Consider Buying Atea ASA (OB:ATEA)?
Aug 24Here's Why Atea (OB:ATEA) Can Manage Its Debt Responsibly
Aug 09Many Would Be Envious Of Atea's (OB:ATEA) Excellent Returns On Capital
Jul 19Calculating The Fair Value Of Atea ASA (OB:ATEA)
Jun 07Is Now An Opportune Moment To Examine Atea ASA (OB:ATEA)?
May 16Broker Revenue Forecasts For Atea ASA (OB:ATEA) Are Surging Higher
May 04Here's Why Atea (OB:ATEA) Has Caught The Eye Of Investors
Apr 22Industry Analysts Just Made A Meaningful Upgrade To Their Atea ASA (OB:ATEA) Revenue Forecasts
Feb 04Financial Position Analysis
Short Term Liabilities: ATEA's short term assets (NOK13.6B) do not cover its short term liabilities (NOK14.6B).
Long Term Liabilities: ATEA's short term assets (NOK13.6B) exceed its long term liabilities (NOK2.1B).
Debt to Equity History and Analysis
Debt Level: ATEA has more cash than its total debt.
Reducing Debt: ATEA's debt to equity ratio has reduced from 34% to 13.4% over the past 5 years.
Debt Coverage: ATEA's debt is well covered by operating cash flow (342.6%).
Interest Coverage: ATEA's interest payments on its debt are well covered by EBIT (6.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 14:14 |
| 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
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 Github.
Analyst Sources
Atea ASA is covered by 11 analysts. 3 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 |
|---|---|
| null null | ABG Sundal Collier |
| Markus Bjerke | Arctic Securities ASA |
| Erik Hjulström | Beringer Finance AB |