niiio finance group Balance Sheet Health
Financial Health criteria checks 2/6
niiio finance group has a total shareholder equity of €17.1M and total debt of €406.2K, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are €24.4M and €7.4M respectively.
Key information
2.4%
Debt to equity ratio
€406.25k
Debt
| Interest coverage ratio | n/a |
| Cash | €1.69m |
| Equity | €17.07m |
| Total liabilities | €7.37m |
| Total assets | €24.44m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NIII's short term assets (€4.8M) exceed its short term liabilities (€2.0M).
Long Term Liabilities: NIII's short term assets (€4.8M) do not cover its long term liabilities (€5.4M).
Debt to Equity History and Analysis
Debt Level: NIII has more cash than its total debt.
Reducing Debt: NIII's debt to equity ratio has increased from 0% to 2.4% over the past 5 years.
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: Insufficient data to determine if NIII has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NIII has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.