NIOX Group Balance Sheet Health
Financial Health criteria checks 6/6
NIOX Group has a total shareholder equity of £81.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £87.5M and £5.7M respectively. NIOX Group's EBIT is £5.8M making its interest coverage ratio -9.7. It has cash and short-term investments of £21.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -9.7x |
| Cash | UK£21.50m |
| Equity | UK£81.80m |
| Total liabilities | UK£5.70m |
| Total assets | UK£87.50m |
Recent financial health updates
Recent updates
What NIOX Group Plc's (LON:NIOX) P/E Is Not Telling You
Jul 25
NIOX Group's (LON:NIOX) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 05Are Investors Undervaluing NIOX Group Plc (LON:NIOX) By 28%?
May 17We Think Shareholders Should Be Aware Of Some Factors Beyond NIOX Group's (LON:NIOX) Profit
Apr 03We're Interested To See How Circassia Group (LON:CIR) Uses Its Cash Hoard To Grow
Jan 05Here's What Circassia Group Plc's (LON:CIR) Shareholder Ownership Structure Looks Like
Mar 13Have Insiders Been Buying Circassia Group Plc (LON:CIR) Shares This Year?
Feb 04Financial Position Analysis
Short Term Liabilities: NIOX's short term assets (£34.1M) exceed its short term liabilities (£5.4M).
Long Term Liabilities: NIOX's short term assets (£34.1M) exceed its long term liabilities (£300.0K).
Debt to Equity History and Analysis
Debt Level: NIOX is debt free.
Reducing Debt: NIOX has no debt compared to 5 years ago when its debt to equity ratio was 19.1%.
Debt Coverage: NIOX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NIOX has no debt, therefore coverage of interest payments is not a concern.