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 €2.2M and €187.1K respectively. Nabag's EBIT is €9.5K making its interest coverage ratio -4.1. It has cash and short-term investments of €459.8K.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -4.1x |
| Cash | €459.75k |
| Equity | €1.97m |
| Total liabilities | €187.05k |
| Total assets | €2.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAB's short term assets (€470.9K) exceed its short term liabilities (€173.5K).
Long Term Liabilities: NAB's short term assets (€470.9K) exceed its long term liabilities (€13.6K).
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.