Nel Balance Sheet Health
Financial Health criteria checks 6/6
Nel has a total shareholder equity of NOK4.9B and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK6.2B and NOK1.2B respectively.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 1.94b |
| Equity | NOK 4.95b |
| Total liabilities | NOK 1.24b |
| Total assets | NOK 6.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: D7G's short term assets (NOK3.4B) exceed its short term liabilities (NOK939.9M).
Long Term Liabilities: D7G's short term assets (NOK3.4B) exceed its long term liabilities (NOK295.9M).
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 30.3% each year.