Nordhealth Balance Sheet Health
Financial Health criteria checks 6/6
Nordhealth has a total shareholder equity of €78.8M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €92.4M and €13.6M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | n/a |
Cash | €22.84m |
Equity | €78.82m |
Total liabilities | €13.59m |
Total assets | €92.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6E5's short term assets (€31.5M) exceed its short term liabilities (€13.2M).
Long Term Liabilities: 6E5's short term assets (€31.5M) exceed its long term liabilities (€412.0K).
Debt to Equity History and Analysis
Debt Level: 6E5 is debt free.
Reducing Debt: 6E5 has no debt compared to 5 years ago when its debt to equity ratio was 21.1%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 6E5 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 6E5 has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 59.4% each year.