Skandia GreenPower Balance Sheet Health
Financial Health criteria checks 3/6
Skandia GreenPower has a total shareholder equity of NOK14.9M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK150.2M and NOK135.3M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | n/a |
Cash | kr34.47m |
Equity | kr14.89m |
Total liabilities | kr135.32m |
Total assets | kr150.21m |
Financial Position Analysis
Short Term Liabilities: SKAND's short term assets (NOK102.4M) do not cover its short term liabilities (NOK130.0M).
Long Term Liabilities: SKAND's short term assets (NOK102.4M) 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.
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: SKAND has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SKAND has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.7% each year