Frøy Balance Sheet Health
Financial Health criteria checks 0/6
Frøy has a total shareholder equity of NOK3.3B and total debt of NOK4.3B, which brings its debt-to-equity ratio to 129%. Its total assets and total liabilities are NOK8.4B and NOK5.1B respectively. Frøy's EBIT is NOK254.7M making its interest coverage ratio 1.9. It has cash and short-term investments of NOK379.5M.
Key information
129.0%
Debt to equity ratio
kr4.30b
Debt
| Interest coverage ratio | 1.9x |
| Cash | kr379.50m |
| Equity | kr3.33b |
| Total liabilities | kr5.05b |
| Total assets | kr8.38b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FROY's short term assets (NOK720.0M) do not cover its short term liabilities (NOK890.8M).
Long Term Liabilities: FROY's short term assets (NOK720.0M) do not cover its long term liabilities (NOK4.2B).
Debt to Equity History and Analysis
Debt Level: FROY's net debt to equity ratio (117.6%) is considered high.
Reducing Debt: Insufficient data to determine if FROY's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FROY's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: FROY's interest payments on its debt are not well covered by EBIT (1.9x coverage).