Nelly Group Balance Sheet Health
Financial Health criteria checks 5/6
Nelly Group has a total shareholder equity of SEK176.6M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK800.8M and SEK624.2M respectively. Nelly Group's EBIT is SEK48.7M making its interest coverage ratio 3.2. It has cash and short-term investments of SEK126.0M.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | 3.2x |
Cash | kr126.00m |
Equity | kr176.60m |
Total liabilities | kr624.20m |
Total assets | kr800.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CD20's short term assets (SEK366.0M) do not cover its short term liabilities (SEK446.5M).
Long Term Liabilities: CD20's short term assets (SEK366.0M) exceed its long term liabilities (SEK177.7M).
Debt to Equity History and Analysis
Debt Level: CD20 is debt free.
Reducing Debt: CD20 has no debt compared to 5 years ago when its debt to equity ratio was 44.4%.
Debt Coverage: CD20 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CD20 has no debt, therefore coverage of interest payments is not a concern.