Northern Bear Balance Sheet Health
Financial Health criteria checks 6/6
Northern Bear has a total shareholder equity of £23.3M and total debt of £50.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are £38.9M and £15.7M respectively. Northern Bear's EBIT is £2.4M making its interest coverage ratio 12.6. It has cash and short-term investments of £439.0K.
Key information
0.2%
Debt to equity ratio
UK£50.00k
Debt
| Interest coverage ratio | 12.6x |
| Cash | UK£439.00k |
| Equity | UK£23.26m |
| Total liabilities | UK£15.68m |
| Total assets | UK£38.94m |
Recent financial health updates
No updates
Recent updates
Northern Bear (LON:NTBR) May Have Issues Allocating Its Capital
Oct 24
Northern Bear (LON:NTBR) Has More To Do To Multiply In Value Going Forward
Jul 13Here's What To Make Of Northern Bear's (LON:NTBR) Decelerating Rates Of Return
Mar 10Investors Shouldn't Be Too Comfortable With Northern Bear's (LON:NTBR) Robust Earnings
Dec 04Financial Position Analysis
Short Term Liabilities: NTBR's short term assets (£15.8M) exceed its short term liabilities (£13.1M).
Long Term Liabilities: NTBR's short term assets (£15.8M) exceed its long term liabilities (£2.6M).
Debt to Equity History and Analysis
Debt Level: NTBR has more cash than its total debt.
Reducing Debt: NTBR's debt to equity ratio has reduced from 10.8% to 0.2% over the past 5 years.
Debt Coverage: NTBR's debt is well covered by operating cash flow (9216%).
Interest Coverage: NTBR's interest payments on its debt are well covered by EBIT (12.6x coverage).