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 ratio3.3x
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
Would Nixu Oyj (HEL:NIXU) Be Better Off With Less Debt?

Nixu Oyj (HEL:NIXU) Has A Pretty Healthy Balance Sheet

Mar 24
Nixu Oyj (HEL:NIXU) Has A Pretty Healthy Balance Sheet

Recent updates

Would Nixu Oyj (HEL:NIXU) Be Better Off With Less Debt?

Dec 11
Would Nixu Oyj (HEL:NIXU) Be Better Off With Less Debt?

Are Investors Undervaluing Nixu Oyj (HEL:NIXU) By 41%?

Oct 12
Are Investors Undervaluing Nixu Oyj (HEL:NIXU) By 41%?

Nixu Oyj (HEL:NIXU) Shares Could Be 49% Below Their Intrinsic Value Estimate

Jul 08
Nixu Oyj (HEL:NIXU) Shares Could Be 49% Below Their Intrinsic Value Estimate

Is Nixu Oyj (HEL:NIXU) Trading At A 43% Discount?

Mar 14
Is Nixu Oyj (HEL:NIXU) Trading At A 43% Discount?

Analysts Have Made A Financial Statement On Nixu Oyj's (HEL:NIXU) Half-Yearly Report

Aug 15
Analysts Have Made A Financial Statement On Nixu Oyj's (HEL:NIXU) Half-Yearly Report

Should You Investigate Nixu Oyj (HEL:NIXU) At €8.94?

May 21
Should You Investigate Nixu Oyj (HEL:NIXU) At €8.94?

Estimating The Intrinsic Value Of Nixu Oyj (HEL:NIXU)

May 03
Estimating The Intrinsic Value Of Nixu Oyj (HEL:NIXU)

Investors Could Be Concerned With Nixu Oyj's (HEL:NIXU) Returns On Capital

Apr 12
Investors Could Be Concerned With Nixu Oyj's (HEL:NIXU) Returns On Capital

Nixu Oyj (HEL:NIXU) Has A Pretty Healthy Balance Sheet

Mar 24
Nixu Oyj (HEL:NIXU) Has A Pretty Healthy Balance Sheet

Nixu Oyj (HEL:NIXU) Could Be Less Than A Year Away From Profitability

Mar 06
Nixu Oyj (HEL:NIXU) Could Be Less Than A Year Away From Profitability

When Should You Buy Nixu Oyj (HEL:NIXU)?

Feb 15
When Should You Buy Nixu Oyj (HEL:NIXU)?

A Look At The Fair Value Of Nixu Oyj (HEL:NIXU)

Jan 19
A Look At The Fair Value Of Nixu Oyj (HEL:NIXU)

Our Take On Nixu Oyj's (HEL:NIXU) CEO Salary

Dec 23
Our Take On Nixu Oyj's (HEL:NIXU) CEO Salary

Is Nixu Oyj (HEL:NIXU) Weighed On By Its Debt Load?

Dec 06
Is Nixu Oyj (HEL:NIXU) Weighed On By Its Debt Load?

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.


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