Nordnet Balance Sheet Health
Financial Health criteria checks 2/6
Nordnet has a total shareholder equity of SEK7.5B and total debt of SEK60.5B, which brings its debt-to-equity ratio to 806.4%. Its total assets and total liabilities are SEK253.6B and SEK246.1B respectively.
Key information
806.4%
Debt to equity ratio
SEK 60.48b
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 4.83b |
| Equity | SEK 7.50b |
| Total liabilities | SEK 246.12b |
| Total assets | SEK 253.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9JL's short term assets (SEK38.1B) do not cover its short term liabilities (SEK239.0B).
Long Term Liabilities: 9JL's short term assets (SEK38.1B) exceed its long term liabilities (SEK7.1B).
Debt to Equity History and Analysis
Debt Level: 9JL's net debt to equity ratio (742%) is considered high.
Reducing Debt: 9JL's debt to equity ratio has reduced from 1254.9% to 806.4% over the past 5 years.
Debt Coverage: 9JL's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: Insufficient data to determine if 9JL's interest payments on its debt are well covered by EBIT.