NorCom Information Technology GmbH KGaA Balance Sheet Health
Financial Health criteria checks 4/6
NorCom Information Technology GmbH KGaA has a total shareholder equity of €3.5M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €6.6M and €3.0M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | n/a |
Cash | €733.58k |
Equity | €3.51m |
Total liabilities | €3.04m |
Total assets | €6.55m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QY2's short term assets (€2.5M) exceed its short term liabilities (€1.8M).
Long Term Liabilities: 0QY2's short term assets (€2.5M) exceed its long term liabilities (€1.3M).
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 50.3%.
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: Insufficient data to determine if 0QY2 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 0QY2 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.