Northern Bear Balance Sheet Health
Financial Health criteria checks 5/6
Northern Bear has a total shareholder equity of £20.3M and total debt of £3.2M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are £39.3M and £19.1M respectively. Northern Bear's EBIT is £2.4M making its interest coverage ratio 8.3. It has cash and short-term investments of £978.0K.
Key information
15.9%
Debt to equity ratio
UK£3.21m
Debt
| Interest coverage ratio | 8.3x |
| Cash | UK£978.00k |
| Equity | UK£20.26m |
| Total liabilities | UK£19.09m |
| Total assets | UK£39.35m |
Recent financial health updates
Recent updates
We Think Northern Bear (LON:NTBR) Is Taking Some Risk With Its Debt
Sep 03
Northern Bear (LON:NTBR) May Have Issues Allocating Its Capital
Oct 24Northern 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 (£16.1M) exceed its short term liabilities (£14.1M).
Long Term Liabilities: NTBR's short term assets (£16.1M) exceed its long term liabilities (£4.9M).
Debt to Equity History and Analysis
Debt Level: NTBR's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: NTBR's debt to equity ratio has increased from 4.4% to 15.9% over the past 5 years.
Debt Coverage: NTBR's debt is well covered by operating cash flow (21.3%).
Interest Coverage: NTBR's interest payments on its debt are well covered by EBIT (8.3x coverage).