Nelly Group Balance Sheet Health
Financial Health criteria checks 6/6
Nelly Group has a total shareholder equity of SEK225.7M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK835.8M and SEK610.1M respectively. Nelly Group's EBIT is SEK83.8M making its interest coverage ratio 5.5. It has cash and short-term investments of SEK190.4M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | 5.5x |
| Cash | SEK 190.40m |
| Equity | SEK 225.70m |
| Total liabilities | SEK 610.10m |
| Total assets | SEK 835.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CD20's short term assets (SEK419.1M) exceed its short term liabilities (SEK373.9M).
Long Term Liabilities: CD20's short term assets (SEK419.1M) exceed its long term liabilities (SEK236.2M).
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 39.7%.
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.