Neurones Balance Sheet Health
Financial Health criteria checks 5/6
Neurones has a total shareholder equity of €407.9M and total debt of €7.3M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are €674.3M and €266.3M respectively. Neurones's EBIT is €74.7M making its interest coverage ratio -16.7. It has cash and short-term investments of €297.8M.
Key information
1.8%
Debt to equity ratio
€7.35m
Debt
| Interest coverage ratio | -16.7x |
| Cash | €297.76m |
| Equity | €407.91m |
| Total liabilities | €266.34m |
| Total assets | €674.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NROP's short term assets (€545.8M) exceed its short term liabilities (€228.9M).
Long Term Liabilities: NROP's short term assets (€545.8M) exceed its long term liabilities (€37.4M).
Debt to Equity History and Analysis
Debt Level: NROP has more cash than its total debt.
Reducing Debt: NROP's debt to equity ratio has increased from 0.1% to 1.8% over the past 5 years.
Debt Coverage: NROP's debt is well covered by operating cash flow (981.3%).
Interest Coverage: NROP earns more interest than it pays, so coverage of interest payments is not a concern.