Pexip Holding Balance Sheet Health
Financial Health criteria checks 6/6
Pexip Holding has a total shareholder equity of NOK1.6B and total debt of NOK2.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are NOK2.1B and NOK523.3M respectively. Pexip Holding's EBIT is NOK9.7M making its interest coverage ratio -0.6. It has cash and short-term investments of NOK628.1M.
Key information
0.1%
Debt to equity ratio
kr1.96m
Debt
| Interest coverage ratio | -0.6x |
| Cash | kr628.07m |
| Equity | kr1.62b |
| Total liabilities | kr523.35m |
| Total assets | kr2.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PXPH.F's short term assets (NOK886.9M) exceed its short term liabilities (NOK448.5M).
Long Term Liabilities: PXPH.F's short term assets (NOK886.9M) exceed its long term liabilities (NOK74.9M).
Debt to Equity History and Analysis
Debt Level: PXPH.F has more cash than its total debt.
Reducing Debt: PXPH.F's debt to equity ratio has reduced from 1.5% to 0.1% over the past 5 years.
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: Whilst unprofitable PXPH.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PXPH.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1.8% per year.