Skandia GreenPower Balance Sheet Health
Financial Health criteria checks 5/6
Skandia GreenPower has a total shareholder equity of NOK88.1M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK152.7M and NOK64.6M respectively. Skandia GreenPower's EBIT is NOK8.9M making its interest coverage ratio -22.3. It has cash and short-term investments of NOK8.2M.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | -22.3x |
| Cash | NOK 8.20m |
| Equity | NOK 88.14m |
| Total liabilities | NOK 64.56m |
| Total assets | NOK 152.70m |
Recent financial health updates
Recent updates
Market Might Still Lack Some Conviction On Skandia GreenPower AS (OB:SKAND) Even After 42% Share Price Boost
Sep 20
Skandia GreenPower AS (OB:SKAND) Soars 47% But It's A Story Of Risk Vs Reward
May 23Skandia GreenPower AS (OB:SKAND) Screens Well But There Might Be A Catch
Mar 24Companies Like Skandia GreenPower (OB:SKAND) Are In A Position To Invest In Growth
May 23Financial Position Analysis
Short Term Liabilities: SKAND's short term assets (NOK33.7M) do not cover its short term liabilities (NOK59.3M).
Long Term Liabilities: SKAND's short term assets (NOK33.7M) exceed its long term liabilities (NOK5.3M).
Debt to Equity History and Analysis
Debt Level: SKAND is debt free.
Reducing Debt: SKAND had no debt 5 years ago.
Debt Coverage: SKAND has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SKAND has no debt, therefore coverage of interest payments is not a concern.