Nordic Fibreboard Balance Sheet Health
Financial Health criteria checks 1/6
Nordic Fibreboard has a total shareholder equity of €4.3M and total debt of €3.3M, which brings its debt-to-equity ratio to 76.5%. Its total assets and total liabilities are €9.1M and €4.8M respectively.
Key information
76.5%
Debt to equity ratio
€3.31m
Debt
Interest coverage ratio | n/a |
Cash | €6.00k |
Equity | €4.33m |
Total liabilities | €4.76m |
Total assets | €9.09m |
Recent financial health updates
Does Nordic Fibreboard (TAL:SKN1T) Have A Healthy Balance Sheet?
Apr 09Nordic Fibreboard (TAL:SKN1T) Takes On Some Risk With Its Use Of Debt
Sep 01Is Nordic Fibreboard (TAL:SKN1T) Using Too Much Debt?
Mar 16Recent updates
Does Nordic Fibreboard (TAL:SKN1T) Have A Healthy Balance Sheet?
Apr 09Nordic Fibreboard AS' (TAL:SKN1T) Shares Lagging The Market But So Is The Business
Jun 15Nordic Fibreboard (TAL:SKN1T) Takes On Some Risk With Its Use Of Debt
Sep 01Nordic Fibreboard's (TAL:SKN1T) Earnings Are Built On Soft Foundations
Jun 07Is Nordic Fibreboard (TAL:SKN1T) Using Too Much Debt?
Mar 16Estimating The Intrinsic Value Of Nordic Fibreboard AS (TAL:SKN1T)
Nov 29Financial Position Analysis
Short Term Liabilities: SKN1T's short term assets (€1.8M) do not cover its short term liabilities (€2.0M).
Long Term Liabilities: SKN1T's short term assets (€1.8M) do not cover its long term liabilities (€2.8M).
Debt to Equity History and Analysis
Debt Level: SKN1T's net debt to equity ratio (76.4%) is considered high.
Reducing Debt: SKN1T's debt to equity ratio has reduced from 182.8% to 76.5% 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 SKN1T has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SKN1T has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.