NEXT Biometrics Group Balance Sheet Health
Financial Health criteria checks 6/6
NEXT Biometrics Group has a total shareholder equity of NOK94.4M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK118.9M and NOK24.5M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | n/a |
| Cash | kr68.07m |
| Equity | kr94.35m |
| Total liabilities | kr24.55m |
| Total assets | kr118.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NT7's short term assets (NOK110.6M) exceed its short term liabilities (NOK24.4M).
Long Term Liabilities: NT7's short term assets (NOK110.6M) exceed its long term liabilities (NOK194.0K).
Debt to Equity History and Analysis
Debt Level: NT7 is debt free.
Reducing Debt: NT7 had no debt 5 years ago.
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: NT7 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NT7 has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 28.4% each year.