Nexcom Balance Sheet Health
Financial Health criteria checks 1/6
Nexcom has a total shareholder equity of DKK674.0K and total debt of DKK4.0M, which brings its debt-to-equity ratio to 590.9%. Its total assets and total liabilities are DKK20.3M and DKK19.6M respectively.
Key information
590.9%
Debt to equity ratio
DKK 3.98m
Debt
| Interest coverage ratio | n/a |
| Cash | DKK 56.00k |
| Equity | DKK 674.00k |
| Total liabilities | DKK 19.61m |
| Total assets | DKK 20.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8XT's short term assets (DKK6.5M) do not cover its short term liabilities (DKK15.6M).
Long Term Liabilities: 8XT's short term assets (DKK6.5M) exceed its long term liabilities (DKK4.0M).
Debt to Equity History and Analysis
Debt Level: 8XT's net debt to equity ratio (582.6%) is considered high.
Reducing Debt: 8XT's debt to equity ratio has increased from 0% to 590.9% 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 8XT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 8XT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.