GC Rieber Shipping Balance Sheet Health

Financial Health criteria checks 6/6

GC Rieber Shipping has a total shareholder equity of NOK703.7M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK718.1M and NOK14.4M respectively.

Key information

0%

Debt to equity ratio

kr0

Debt

Interest coverage ration/a
Cashkr320.82m
Equitykr703.70m
Total liabilitieskr14.38m
Total assetskr718.08m

Recent financial health updates

Recent updates

Does GC Rieber Shipping (OB:RISH) Have A Healthy Balance Sheet?

Sep 29
Does GC Rieber Shipping (OB:RISH) Have A Healthy Balance Sheet?

GC Rieber Shipping (OB:RISH) Is Making Moderate Use Of Debt

May 20
GC Rieber Shipping (OB:RISH) Is Making Moderate Use Of Debt

We Discuss Why GC Rieber Shipping ASA's (OB:RISH) CEO Compensation May Be Closely Reviewed

Apr 14
We Discuss Why GC Rieber Shipping ASA's (OB:RISH) CEO Compensation May Be Closely Reviewed

Is GC Rieber Shipping (OB:RISH) A Risky Investment?

Jan 28
Is GC Rieber Shipping (OB:RISH) A Risky Investment?

What Type Of Returns Would GC Rieber Shipping's(OB:RISH) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Dec 07
What Type Of Returns Would GC Rieber Shipping's(OB:RISH) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Financial Position Analysis

Short Term Liabilities: RISH's short term assets (NOK322.5M) exceed its short term liabilities (NOK6.8M).

Long Term Liabilities: RISH's short term assets (NOK322.5M) exceed its long term liabilities (NOK7.6M).


Debt to Equity History and Analysis

Debt Level: RISH is debt free.

Reducing Debt: RISH has no debt compared to 5 years ago when its debt to equity ratio was 103.8%.

Debt Coverage: RISH has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: RISH has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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