Nelly Group Balance Sheet Health
Financial Health criteria checks 5/6
Nelly Group has a total shareholder equity of SEK203.3M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK854.5M and SEK651.2M respectively. Nelly Group's EBIT is SEK71.6M making its interest coverage ratio 4.6. It has cash and short-term investments of SEK219.9M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | 4.6x |
| Cash | SEK 219.90m |
| Equity | SEK 203.30m |
| Total liabilities | SEK 651.20m |
| Total assets | SEK 854.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0O6Z's short term assets (SEK427.9M) do not cover its short term liabilities (SEK478.9M).
Long Term Liabilities: 0O6Z's short term assets (SEK427.9M) exceed its long term liabilities (SEK172.3M).
Debt to Equity History and Analysis
Debt Level: 0O6Z is debt free.
Reducing Debt: 0O6Z has no debt compared to 5 years ago when its debt to equity ratio was 45.8%.
Debt Coverage: 0O6Z has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0O6Z has no debt, therefore coverage of interest payments is not a concern.