Nordnet Balance Sheet Health
Financial Health criteria checks 2/6
Nordnet has a total shareholder equity of SEK6.9B and total debt of SEK60.0B, which brings its debt-to-equity ratio to 873.9%. Its total assets and total liabilities are SEK244.5B and SEK237.6B respectively.
Key information
873.9%
Debt to equity ratio
SEK 60.05b
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 3.65b |
| Equity | SEK 6.87b |
| Total liabilities | SEK 237.64b |
| Total assets | SEK 244.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9JL's short term assets (SEK37.1B) do not cover its short term liabilities (SEK229.6B).
Long Term Liabilities: 9JL's short term assets (SEK37.1B) exceed its long term liabilities (SEK8.0B).
Debt to Equity History and Analysis
Debt Level: 9JL's net debt to equity ratio (820.7%) is considered high.
Reducing Debt: 9JL's debt to equity ratio has reduced from 1265.1% to 873.9% over the past 5 years.
Debt Coverage: 9JL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 9JL's interest payments on its debt are well covered by EBIT.