Nekkar Balance Sheet Health
Financial Health criteria checks 6/6
Nekkar has a total shareholder equity of NOK497.0M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK765.0M and NOK268.0M respectively. Nekkar's EBIT is NOK87.1M making its interest coverage ratio -2.6. It has cash and short-term investments of NOK159.0M.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | -2.6x |
| Cash | NOK 159.00m |
| Equity | NOK 497.00m |
| Total liabilities | NOK 268.00m |
| Total assets | NOK 765.00m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MQC's short term assets (NOK466.0M) exceed its short term liabilities (NOK182.0M).
Long Term Liabilities: 0MQC's short term assets (NOK466.0M) exceed its long term liabilities (NOK86.0M).
Debt to Equity History and Analysis
Debt Level: 0MQC is debt free.
Reducing Debt: 0MQC had no debt 5 years ago.
Debt Coverage: 0MQC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0MQC has no debt, therefore coverage of interest payments is not a concern.