Nobia Balance Sheet Health
Financial Health criteria checks 1/6
Nobia has a total shareholder equity of SEK4.7B and total debt of SEK3.4B, which brings its debt-to-equity ratio to 72.4%. Its total assets and total liabilities are SEK14.1B and SEK9.5B respectively.
Key information
72.4%
Debt to equity ratio
kr3.38b
Debt
Interest coverage ratio | n/a |
Cash | kr330.00m |
Equity | kr4.66b |
Total liabilities | kr9.46b |
Total assets | kr14.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NOBIS's short term assets (SEK4.0B) do not cover its short term liabilities (SEK4.2B).
Long Term Liabilities: NOBIS's short term assets (SEK4.0B) do not cover its long term liabilities (SEK5.2B).
Debt to Equity History and Analysis
Debt Level: NOBIS's net debt to equity ratio (65.3%) is considered high.
Reducing Debt: NOBIS's debt to equity ratio has increased from 25.9% to 72.4% over the past 5 years.
Debt Coverage: NOBIS's debt is well covered by operating cash flow (28.9%).
Interest Coverage: Insufficient data to determine if NOBIS's interest payments on its debt are well covered by EBIT.