NorCom Information Technology GmbH KGaA Balance Sheet Health
Financial Health criteria checks 6/6
NorCom Information Technology GmbH KGaA has a total shareholder equity of €3.6M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €6.3M and €2.8M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | n/a |
| Cash | €639.79k |
| Equity | €3.55m |
| Total liabilities | €2.76m |
| Total assets | €6.31m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QY2's short term assets (€2.4M) exceed its short term liabilities (€1.7M).
Long Term Liabilities: 0QY2's short term assets (€2.4M) exceed its long term liabilities (€1.0M).
Debt to Equity History and Analysis
Debt Level: 0QY2 is debt free.
Reducing Debt: 0QY2 has no debt compared to 5 years ago when its debt to equity ratio was 37.1%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 0QY2 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 0QY2 has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 35.3% each year.