Atea Balance Sheet Health
Financial Health criteria checks 5/6
Atea has a total shareholder equity of NOK4.2B and total debt of NOK1.2B, which brings its debt-to-equity ratio to 29.7%. Its total assets and total liabilities are NOK18.0B and NOK13.9B respectively. Atea's EBIT is NOK1.2B making its interest coverage ratio 6.2. It has cash and short-term investments of NOK1.2B.
Key information
29.7%
Debt to equity ratio
NOK 1.24b
Debt
Interest coverage ratio | 6.2x |
Cash | NOK 1.19b |
Equity | NOK 4.18b |
Total liabilities | NOK 13.86b |
Total assets | NOK 18.04b |
Recent financial health updates
Atea (OB:ATEA) Has A Pretty Healthy Balance Sheet
Jul 13Here's Why Atea (OB:ATEA) Can Manage Its Debt Responsibly
Aug 09Recent updates
Atea'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 (NOK10.7B) do not cover its short term liabilities (NOK11.8B).
Long Term Liabilities: ATEA's short term assets (NOK10.7B) exceed its long term liabilities (NOK2.1B).
Debt to Equity History and Analysis
Debt Level: ATEA's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: ATEA's debt to equity ratio has reduced from 34.6% to 29.7% over the past 5 years.
Debt Coverage: ATEA's debt is well covered by operating cash flow (88.1%).
Interest Coverage: ATEA's interest payments on its debt are well covered by EBIT (6.2x coverage).