Nynomic Balance Sheet Health
Financial Health criteria checks 5/6
Nynomic has a total shareholder equity of €97.1M and total debt of €8.1M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are €145.4M and €48.4M respectively. Nynomic's EBIT is €12.4M making its interest coverage ratio 15.4. It has cash and short-term investments of €24.6M.
Key information
8.3%
Debt to equity ratio
€8.08m
Debt
Interest coverage ratio | 15.4x |
Cash | €24.61m |
Equity | €97.07m |
Total liabilities | €48.37m |
Total assets | €145.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M7U's short term assets (€79.4M) exceed its short term liabilities (€32.1M).
Long Term Liabilities: M7U's short term assets (€79.4M) exceed its long term liabilities (€16.3M).
Debt to Equity History and Analysis
Debt Level: M7U has more cash than its total debt.
Reducing Debt: M7U's debt to equity ratio has reduced from 107.1% to 8.3% over the past 5 years.
Debt Coverage: M7U's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: M7U's interest payments on its debt are well covered by EBIT (15.4x coverage).