Nilörngruppen Balance Sheet Health
Financial Health criteria checks 6/6
Nilörngruppen has a total shareholder equity of SEK325.6M and total debt of SEK74.5M, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are SEK605.7M and SEK280.0M respectively. Nilörngruppen's EBIT is SEK70.9M making its interest coverage ratio -998.2. It has cash and short-term investments of SEK107.9M.
Key information
22.9%
Debt to equity ratio
SEK 74.54m
Debt
| Interest coverage ratio | -998.2x |
| Cash | SEK 107.95m |
| Equity | SEK 325.63m |
| Total liabilities | SEK 280.04m |
| Total assets | SEK 605.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0GB5's short term assets (SEK430.5M) exceed its short term liabilities (SEK264.8M).
Long Term Liabilities: 0GB5's short term assets (SEK430.5M) exceed its long term liabilities (SEK15.2M).
Debt to Equity History and Analysis
Debt Level: 0GB5 has more cash than its total debt.
Reducing Debt: 0GB5's debt to equity ratio has reduced from 44.4% to 22.9% over the past 5 years.
Debt Coverage: 0GB5's debt is well covered by operating cash flow (128.1%).
Interest Coverage: 0GB5 earns more interest than it pays, so coverage of interest payments is not a concern.