Nixu Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Nixu Oyj has a total shareholder equity of €11.6M and total debt of €3.9M, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are €41.6M and €29.9M respectively. Nixu Oyj's EBIT is €1.9M making its interest coverage ratio 3.3. It has cash and short-term investments of €3.5M.
Key information
33.4%
Debt to equity ratio
€3.89m
Debt
| Interest coverage ratio | 3.3x |
| Cash | €3.54m |
| Equity | €11.65m |
| Total liabilities | €29.94m |
| Total assets | €41.59m |
Recent financial health updates
Would Nixu Oyj (HEL:NIXU) Be Better Off With Less Debt?
Dec 11
Nixu Oyj (HEL:NIXU) Has A Pretty Healthy Balance Sheet
Mar 24Recent updates
Would Nixu Oyj (HEL:NIXU) Be Better Off With Less Debt?
Dec 11Are Investors Undervaluing Nixu Oyj (HEL:NIXU) By 41%?
Oct 12Nixu Oyj (HEL:NIXU) Shares Could Be 49% Below Their Intrinsic Value Estimate
Jul 08Is Nixu Oyj (HEL:NIXU) Trading At A 43% Discount?
Mar 14Analysts Have Made A Financial Statement On Nixu Oyj's (HEL:NIXU) Half-Yearly Report
Aug 15Should You Investigate Nixu Oyj (HEL:NIXU) At €8.94?
May 21Estimating The Intrinsic Value Of Nixu Oyj (HEL:NIXU)
May 03Investors Could Be Concerned With Nixu Oyj's (HEL:NIXU) Returns On Capital
Apr 12Nixu Oyj (HEL:NIXU) Has A Pretty Healthy Balance Sheet
Mar 24Nixu Oyj (HEL:NIXU) Could Be Less Than A Year Away From Profitability
Mar 06When Should You Buy Nixu Oyj (HEL:NIXU)?
Feb 15A Look At The Fair Value Of Nixu Oyj (HEL:NIXU)
Jan 19Our Take On Nixu Oyj's (HEL:NIXU) CEO Salary
Dec 23Is Nixu Oyj (HEL:NIXU) Weighed On By Its Debt Load?
Dec 06
Financial Position Analysis
Short Term Liabilities: NIXU's short term assets (€24.3M) do not cover its short term liabilities (€24.3M).
Long Term Liabilities: NIXU's short term assets (€24.3M) exceed its long term liabilities (€5.6M).
Debt to Equity History and Analysis
Debt Level: NIXU's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: NIXU's debt to equity ratio has reduced from 42.9% to 33.4% 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: Whilst unprofitable NIXU has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NIXU is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.3% per year.