Nobia Balance Sheet Health
Financial Health criteria checks 1/6
Nobia has a total shareholder equity of SEK5.1B and total debt of SEK2.5B, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are SEK13.2B and SEK8.1B respectively.
Key information
49.2%
Debt to equity ratio
SEK 2.51b
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 129.00m |
| Equity | SEK 5.11b |
| Total liabilities | SEK 8.06b |
| Total assets | SEK 13.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NI8's short term assets (SEK3.3B) exceed its short term liabilities (SEK3.1B).
Long Term Liabilities: NI8's short term assets (SEK3.3B) do not cover its long term liabilities (SEK5.0B).
Debt to Equity History and Analysis
Debt Level: NI8's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: NI8's debt to equity ratio has increased from 30.3% to 49.2% over the past 5 years.
Debt Coverage: NI8's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: Insufficient data to determine if NI8's interest payments on its debt are well covered by EBIT.