Induct Balance Sheet Health
Financial Health criteria checks 0/6
Induct has a total shareholder equity of NOK20.2M and total debt of NOK30.7M, which brings its debt-to-equity ratio to 151.8%. Its total assets and total liabilities are NOK66.3M and NOK46.1M respectively.
Key information
151.8%
Debt to equity ratio
NOK 30.70m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 654.00k |
| Equity | NOK 20.22m |
| Total liabilities | NOK 46.09m |
| Total assets | NOK 66.31m |
Recent financial health updates
Is Induct (OB:INDCT) Using Too Much Debt?
Jun 18
Here's Why Induct (OB:INDCT) Can Afford Some Debt
Sep 16Does Induct (OB:INDCT) Have A Healthy Balance Sheet?
Jun 02Here's Why Induct (OB:INDCT) Can Afford Some Debt
Nov 25Does Induct (OB:INDCT) Have A Healthy Balance Sheet?
Jul 27Induct Software (OB:INDCT) Takes On Some Risk With Its Use Of Debt
Mar 31Recent updates
Is Induct (OB:INDCT) Using Too Much Debt?
Jun 18Here's Why Induct (OB:INDCT) Can Afford Some Debt
Sep 16Does Induct (OB:INDCT) Have A Healthy Balance Sheet?
Jun 02Here's Why Induct (OB:INDCT) Can Afford Some Debt
Nov 25Does Induct (OB:INDCT) Have A Healthy Balance Sheet?
Jul 27Induct Software (OB:INDCT) Takes On Some Risk With Its Use Of Debt
Mar 31Here's Why Induct Software (OB:INDCT) Can Afford Some Debt
Dec 07We Think Induct Software (OB:INDCT) Is Taking Some Risk With Its Debt
Aug 24Is Induct Software (OB:INDCT) A Risky Investment?
May 05A Note On Induct Software AS' (OB:INDCT) ROE and Debt To Equity
Dec 27Financial Position Analysis
Short Term Liabilities: INDCT's short term assets (NOK4.4M) do not cover its short term liabilities (NOK7.8M).
Long Term Liabilities: INDCT's short term assets (NOK4.4M) do not cover its long term liabilities (NOK38.3M).
Debt to Equity History and Analysis
Debt Level: INDCT's net debt to equity ratio (148.6%) is considered high.
Reducing Debt: INDCT's debt to equity ratio has increased from 132.3% to 151.8% 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: INDCT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: INDCT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13% each year