Nixu Oyj Financial Health
How is Nixu Oyj's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: NIXU's short term assets (€22.4M) do not cover its short term liabilities (€24.4M).
Long Term Liabilities: NIXU's short term assets (€22.4M) exceed its long term liabilities (€2.8M).
Debt to Equity History and Analysis
Debt Level: NIXU's net debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: NIXU's debt to equity ratio has increased from 41.7% to 45% over the past 5 years.
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: NIXU has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NIXU has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.