Nolato Balance Sheet Health
Financial Health criteria checks 5/6
Nolato has a total shareholder equity of SEK5.2B and total debt of SEK1.6B, which brings its debt-to-equity ratio to 30.6%. Its total assets and total liabilities are SEK9.3B and SEK4.1B respectively. Nolato's EBIT is SEK655.0M making its interest coverage ratio 17.2. It has cash and short-term investments of SEK688.0M.
Key information
30.6%
Debt to equity ratio
kr1.58b
Debt
| Interest coverage ratio | 17.2x |
| Cash | kr688.00m |
| Equity | kr5.17b |
| Total liabilities | kr4.13b |
| Total assets | kr9.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0OA9's short term assets (SEK3.8B) exceed its short term liabilities (SEK1.8B).
Long Term Liabilities: 0OA9's short term assets (SEK3.8B) exceed its long term liabilities (SEK2.3B).
Debt to Equity History and Analysis
Debt Level: 0OA9's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: 0OA9's debt to equity ratio has increased from 23.6% to 30.6% over the past 5 years.
Debt Coverage: 0OA9's debt is well covered by operating cash flow (49.3%).
Interest Coverage: 0OA9's interest payments on its debt are well covered by EBIT (17.2x coverage).