Nightingale Health Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Nightingale Health Oyj has a total shareholder equity of €82.9M and total debt of €827.0K, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are €90.8M and €8.0M respectively.
Key information
1.0%
Debt to equity ratio
€827.00k
Debt
| Interest coverage ratio | n/a |
| Cash | €66.04m |
| Equity | €82.88m |
| Total liabilities | €7.96m |
| Total assets | €90.84m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: HEALTH's short term assets (€68.4M) exceed its short term liabilities (€7.0M).
Long Term Liabilities: HEALTH's short term assets (€68.4M) exceed its long term liabilities (€1.0M).
Debt to Equity History and Analysis
Debt Level: HEALTH has more cash than its total debt.
Reducing Debt: HEALTH's debt to equity ratio has reduced from 126.9% to 1% 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: HEALTH has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: HEALTH has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 12.5% each year