Techstep Balance Sheet Health
Financial Health criteria checks 3/6
Techstep has a total shareholder equity of NOK567.4M and total debt of NOK173.5M, which brings its debt-to-equity ratio to 30.6%. Its total assets and total liabilities are NOK1.2B and NOK624.5M respectively.
Key information
30.6%
Debt to equity ratio
NOK 173.52m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 19.59m |
| Equity | NOK 567.36m |
| Total liabilities | NOK 624.46m |
| Total assets | NOK 1.19b |
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
Is 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 (NOK203.7M) do not cover its short term liabilities (NOK568.2M).
Long Term Liabilities: TECH's short term assets (NOK203.7M) exceed its long term liabilities (NOK56.3M).
Debt to Equity History and Analysis
Debt Level: TECH's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: TECH's debt to equity ratio has increased from 13.7% to 30.6% 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 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TECH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.