Magnora Balance Sheet Health
Financial Health criteria checks 6/6
Magnora has a total shareholder equity of NOK471.0M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK626.8M and NOK155.8M respectively.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 334.90m |
| Equity | NOK 471.00m |
| Total liabilities | NOK 155.80m |
| Total assets | NOK 626.80m |
Recent financial health updates
Recent updates
We Think That There Are Some Issues For Magnora (OB:MGN) Beyond Its Promising Earnings
Oct 24
Concerns Surrounding Magnora's (OB:MGN) Performance
Apr 24A Look At The Intrinsic Value Of Magnora ASA (OB:MGN)
Sep 03Bullish: Analysts Just Made A Massive Upgrade To Their Magnora ASA (OB:MGN) Forecasts
Aug 13Does Magnora (OB:MGN) Have A Healthy Balance Sheet?
Aug 20Financial Position Analysis
Short Term Liabilities: MGN's short term assets (NOK367.6M) exceed its short term liabilities (NOK155.4M).
Long Term Liabilities: MGN's short term assets (NOK367.6M) exceed its long term liabilities (NOK400.0K).
Debt to Equity History and Analysis
Debt Level: MGN is debt free.
Reducing Debt: MGN had no debt 5 years ago.
Debt Coverage: MGN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MGN has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 03:32 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Magnora ASA is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John A. Olaisen | ABG Sundal Collier |
| Erik Tønne | Arctic Securities ASA |
| Chr. Frederik Lunde | Carnegie Investment Bank AB |