Nolato Balance Sheet Health
Financial Health criteria checks 5/6
Nolato has a total shareholder equity of SEK5.4B and total debt of SEK1.7B, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are SEK9.9B and SEK4.5B respectively. Nolato's EBIT is SEK612.0M making its interest coverage ratio 68. It has cash and short-term investments of SEK720.0M.
Key information
32.0%
Debt to equity ratio
kr1.72b
Debt
| Interest coverage ratio | 68x |
| Cash | kr720.00m |
| Equity | kr5.38b |
| Total liabilities | kr4.54b |
| Total assets | kr9.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NOLABS's short term assets (SEK4.0B) exceed its short term liabilities (SEK2.2B).
Long Term Liabilities: NOLABS's short term assets (SEK4.0B) exceed its long term liabilities (SEK2.3B).
Debt to Equity History and Analysis
Debt Level: NOLABS's net debt to equity ratio (18.6%) is considered satisfactory.
Reducing Debt: NOLABS's debt to equity ratio has increased from 25.2% to 32% over the past 5 years.
Debt Coverage: NOLABS's debt is well covered by operating cash flow (29.4%).
Interest Coverage: NOLABS's interest payments on its debt are well covered by EBIT (68x coverage).