NIOX Group Balance Sheet Health
Financial Health criteria checks 6/6
NIOX Group has a total shareholder equity of £83.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £91.5M and £7.7M respectively. NIOX Group's EBIT is £4.6M making its interest coverage ratio -9.2. It has cash and short-term investments of £19.9M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | -9.2x |
Cash | UK£19.90m |
Equity | UK£83.80m |
Total liabilities | UK£7.70m |
Total assets | UK£91.50m |
Recent financial health updates
Recent updates
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 (£33.5M) exceed its short term liabilities (£7.2M).
Long Term Liabilities: NIOX's short term assets (£33.5M) exceed its long term liabilities (£500.0K).
Debt to Equity History and Analysis
Debt Level: NIOX is debt free.
Reducing Debt: NIOX had no debt 5 years ago.
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.