StrongPoint Financial Health
How is StrongPoint's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: STRO's short term assets (NOK623.5M) exceed its short term liabilities (NOK393.3M).
Long Term Liabilities: STRO's short term assets (NOK623.5M) exceed its long term liabilities (NOK98.0M).
Debt to Equity History and Analysis
Debt Level: STRO has more cash than its total debt.
Reducing Debt: STRO's debt to equity ratio has reduced from 35.2% to 8.5% over the past 5 years.
Debt Coverage: STRO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: STRO's interest payments on its debt are well covered by EBIT (13.5x coverage).