Cyviz Balance Sheet Health
Financial Health criteria checks 4/6
Cyviz has a total shareholder equity of NOK96.9M and total debt of NOK33.4M, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are NOK275.1M and NOK178.3M respectively. Cyviz's EBIT is NOK4.6M making its interest coverage ratio 1.7. It has cash and short-term investments of NOK13.7M.
Key information
34.5%
Debt to equity ratio
kr33.45m
Debt
| Interest coverage ratio | 1.7x |
| Cash | kr13.74m |
| Equity | kr96.86m |
| Total liabilities | kr178.27m |
| Total assets | kr275.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CYVIZ's short term assets (NOK205.1M) exceed its short term liabilities (NOK166.0M).
Long Term Liabilities: CYVIZ's short term assets (NOK205.1M) exceed its long term liabilities (NOK12.3M).
Debt to Equity History and Analysis
Debt Level: CYVIZ's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: CYVIZ's debt to equity ratio has reduced from 70.6% to 34.5% over the past 5 years.
Debt Coverage: CYVIZ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CYVIZ's interest payments on its debt are not well covered by EBIT (1.7x coverage).