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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/05 04:22 |
| End of Day Share Price | 2025/02/05 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 |
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| 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Skandia GreenPower AS is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.