Techstep Balance Sheet Health
Financial Health criteria checks 3/6
Techstep has a total shareholder equity of NOK578.3M and total debt of NOK139.3M, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are NOK1.2B and NOK600.5M respectively.
Key information
24.1%
Debt to equity ratio
NOK 139.32m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 30.78m |
| Equity | NOK 578.29m |
| Total liabilities | NOK 600.51m |
| Total assets | NOK 1.18b |
Recent financial health updates
Is Techstep (OB:TECH) Using Debt In A Risky Way?
Jun 29
Is Techstep (OB:TECH) Using Too Much Debt?
Oct 03Is Techstep (OB:TECH) Using Too Much Debt?
Jun 14Is Techstep (OB:TECH) Using Debt In A Risky Way?
Feb 27Would Techstep (OB:TECH) Be Better Off With Less Debt?
Aug 05Is Techstep (OB:TECH) A Risky Investment?
May 12Recent updates
Techstep ASA's (OB:TECH) Shares Climb 28% But Its Business Is Yet to Catch Up
Jul 17Is Techstep (OB:TECH) Using Debt In A Risky Way?
Jun 29Is Techstep (OB:TECH) Using Too Much Debt?
Oct 03The Market Doesn't Like What It Sees From Techstep ASA's (OB:TECH) Earnings Yet As Shares Tumble 27%
Jul 14Is Techstep (OB:TECH) Using Too Much Debt?
Jun 14Is Techstep (OB:TECH) Using Debt In A Risky Way?
Feb 27Would Techstep (OB:TECH) Be Better Off With Less Debt?
Aug 05Is Techstep (OB:TECH) A Risky Investment?
May 12Have Insiders Been Buying Techstep ASA (OB:TECH) Shares This Year?
Mar 10What Type Of Shareholders Own The Most Number of Techstep ASA (OB:TECH) Shares?
Feb 11
Techstep (OB:TECH) Shareholders Have Enjoyed A 55% Share Price Gain
Dec 28The Independent Chairman of the Board of Techstep ASA (OB:TECH), Jens Rugseth, Just Bought 2.7% More Shares
Dec 06Here's Why Techstep (OB:TECH) Can Afford Some Debt
Nov 24Financial Position Analysis
Short Term Liabilities: TECH's short term assets (NOK206.9M) do not cover its short term liabilities (NOK430.1M).
Long Term Liabilities: TECH's short term assets (NOK206.9M) exceed its long term liabilities (NOK170.4M).
Debt to Equity History and Analysis
Debt Level: TECH's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: TECH's debt to equity ratio has increased from 10.2% to 24.1% 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: TECH has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TECH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.1% each year
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/21 01:27 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Techstep ASA is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.