Nel Balance Sheet Health
Financial Health criteria checks 6/6
Nel has a total shareholder equity of NOK4.9B and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK6.2B and NOK1.2B respectively.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 1.94b |
| Equity | NOK 4.95b |
| Total liabilities | NOK 1.24b |
| Total assets | NOK 6.18b |
Recent financial health updates
Nel (OB:NEL) Is Using Debt Safely
May 24
Nel (OB:NEL) Is Using Debt Safely
Dec 12Nel (OB:NEL) Is Using Debt Safely
Sep 13Is Nel (OB:NEL) Using Too Much Debt?
May 11Does Nel (OB:NEL) Have A Healthy Balance Sheet?
Feb 06Is Nel (OB:NEL) Using Too Much Debt?
Sep 02Recent updates
Nel ASA's (OB:NEL) 33% Cheaper Price Remains In Tune With Revenues
Nov 27What You Can Learn From Nel ASA's (OB:NEL) P/S After Its 28% Share Price Crash
Oct 13Market Participants Recognise Nel ASA's (OB:NEL) Revenues Pushing Shares 53% Higher
May 25Nel (OB:NEL) Is Using Debt Safely
May 24Investors Appear Satisfied With Nel ASA's (OB:NEL) Prospects As Shares Rocket 31%
Apr 10Calculating The Fair Value Of Nel ASA (OB:NEL)
Mar 27Earnings Update: Nel ASA (OB:NEL) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
Mar 01Why We're Not Concerned Yet About Nel ASA's (OB:NEL) 27% Share Price Plunge
Jan 17At kr5.94, Is It Time To Put Nel ASA (OB:NEL) On Your Watch List?
Jan 13Nel (OB:NEL) Is Using Debt Safely
Dec 12Nel (OB:NEL) Is Using Debt Safely
Sep 13Investors Appear Satisfied With Nel ASA's (OB:NEL) Prospects
Jun 17Is Nel (OB:NEL) Using Too Much Debt?
May 11Does Nel (OB:NEL) Have A Healthy Balance Sheet?
Feb 06Is Nel (OB:NEL) Using Too Much Debt?
Sep 02Health Check: How Prudently Does Nel (OB:NEL) Use Debt?
May 17Is Nel (OB:NEL) Using Debt In A Risky Way?
Jan 27Is Nel (OB:NEL) Using Debt Sensibly?
Oct 14Time To Worry? Analysts Are Downgrading Their Nel ASA (OB:NEL) Outlook
Aug 22Financial Position Analysis
Short Term Liabilities: NEL's short term assets (NOK3.4B) exceed its short term liabilities (NOK939.9M).
Long Term Liabilities: NEL's short term assets (NOK3.4B) exceed its long term liabilities (NOK295.9M).
Debt to Equity History and Analysis
Debt Level: NEL is debt free.
Reducing Debt: NEL has no debt compared to 5 years ago when its debt to equity ratio was 1.6%.
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: NEL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NEL has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 30.3% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 11:35 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nel ASA is covered by 34 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Naisheng Cui | Barclays |
| James Hosie | Barclays |
| James Carmichael | Berenberg |