Cyviz Balance Sheet Health
Financial Health criteria checks 3/6
Cyviz has a total shareholder equity of NOK84.8M and total debt of NOK62.8M, which brings its debt-to-equity ratio to 74.1%. Its total assets and total liabilities are NOK273.5M and NOK188.7M respectively. Cyviz's EBIT is NOK10.5M making its interest coverage ratio 4.1. It has cash and short-term investments of NOK5.0M.
Key information
74.1%
Debt to equity ratio
NOK 62.81m
Debt
| Interest coverage ratio | 4.1x |
| Cash | NOK 4.99m |
| Equity | NOK 84.78m |
| Total liabilities | NOK 188.71m |
| Total assets | NOK 273.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CYVIZ's short term assets (NOK198.5M) exceed its short term liabilities (NOK177.3M).
Long Term Liabilities: CYVIZ's short term assets (NOK198.5M) exceed its long term liabilities (NOK11.4M).
Debt to Equity History and Analysis
Debt Level: CYVIZ's net debt to equity ratio (68.2%) is considered high.
Reducing Debt: CYVIZ's debt to equity ratio has reduced from 361.6% to 74.1% 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: CYVIZ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CYVIZ has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.8% each year.