Nel Balance Sheet Health

Financial Health criteria checks 6/6

Nel has a total shareholder equity of NOK5.1B and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK6.3B and NOK1.2B respectively.

Key information

0%

Debt to equity ratio

NOK 0

Debt

Interest coverage ration/a
CashNOK 2.23b
EquityNOK 5.09b
Total liabilitiesNOK 1.23b
Total assetsNOK 6.32b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: D7G's short term assets (NOK3.7B) exceed its short term liabilities (NOK938.4M).

Long Term Liabilities: D7G's short term assets (NOK3.7B) exceed its long term liabilities (NOK293.3M).


Debt to Equity History and Analysis

Debt Level: D7G is debt free.

Reducing Debt: D7G has no debt compared to 5 years ago when its debt to equity ratio was 1.6%.


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: D7G has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: D7G has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 31.3% each year.


Discover healthy companies