Nabag Balance Sheet Health
Financial Health criteria checks 6/6
Nabag has a total shareholder equity of €2.0M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €2.0M and €14.9K respectively. Nabag's EBIT is €18.2K making its interest coverage ratio 29.8. It has cash and short-term investments of €1.4M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | 29.8x |
Cash | €1.36m |
Equity | €1.97m |
Total liabilities | €14.95k |
Total assets | €1.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAB's short term assets (€1.4M) exceed its short term liabilities (€7.7K).
Long Term Liabilities: NAB's short term assets (€1.4M) exceed its long term liabilities (€7.3K).
Debt to Equity History and Analysis
Debt Level: NAB is debt free.
Reducing Debt: NAB had no debt 5 years ago.
Debt Coverage: NAB has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NAB has no debt, therefore coverage of interest payments is not a concern.