NFON has a total shareholder equity of €47.9M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €73.7M and €25.8M respectively. NFON's EBIT is €113.0K making its interest coverage ratio 0.6. It has cash and short-term investments of €12.1M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio
0.6x
Cash
€12.11m
Equity
€47.85m
Total liabilities
€25.84m
Total assets
€73.70m
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFN's short term assets (€25.7M) exceed its short term liabilities (€15.0M).
Long Term Liabilities: NFN's short term assets (€25.7M) exceed its long term liabilities (€10.8M).
Debt to Equity History and Analysis
Debt Level: NFN is debt free.
Reducing Debt: NFN has no debt compared to 5 years ago when its debt to equity ratio was 20.5%.
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: Whilst unprofitable NFN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NFN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.5% per year.