New Nordic Healthbrands Balance Sheet Health
Financial Health criteria checks 3/6
New Nordic Healthbrands has a total shareholder equity of SEK100.1M and total debt of SEK44.1M, which brings its debt-to-equity ratio to 44.1%. Its total assets and total liabilities are SEK252.3M and SEK152.3M respectively.
Key information
44.1%
Debt to equity ratio
SEK 44.12m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 11.87m |
| Equity | SEK 100.05m |
| Total liabilities | SEK 152.26m |
| Total assets | SEK 252.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N9X's short term assets (SEK233.3M) exceed its short term liabilities (SEK150.0M).
Long Term Liabilities: N9X's short term assets (SEK233.3M) exceed its long term liabilities (SEK2.3M).
Debt to Equity History and Analysis
Debt Level: N9X's net debt to equity ratio (32.2%) is considered satisfactory.
Reducing Debt: N9X's debt to equity ratio has increased from 14.5% to 44.1% over the past 5 years.
Debt Coverage: N9X's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if N9X's interest payments on its debt are well covered by EBIT.