Nekkar Balance Sheet Health
Financial Health criteria checks 6/6
Nekkar has a total shareholder equity of NOK446.2M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK646.1M and NOK199.9M respectively. Nekkar's EBIT is NOK102.8M making its interest coverage ratio -54. It has cash and short-term investments of NOK226.7M.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | -54x |
| Cash | NOK 226.73m |
| Equity | NOK 446.24m |
| Total liabilities | NOK 199.91m |
| Total assets | NOK 646.15m |
Recent financial health updates
Recent updates
What Is Nekkar ASA's (OB:NKR) Share Price Doing?
Oct 03
Nekkar ASA's (OB:NKR) Shares Climb 30% But Its Business Is Yet to Catch Up
Jul 05Estimating The Fair Value Of Nekkar ASA (OB:NKR)
Jul 04Why Nekkar's (OB:NKR) Shaky Earnings Are Just The Beginning Of Its Problems
Sep 05Here's Why I Think Nekkar (OB:NKR) Might Deserve Your Attention Today
Jun 14Is Now The Time To Put Nekkar (OB:NKR) On Your Watchlist?
Mar 12Nekkar (OB:NKR) Has Rewarded Shareholders With An Exceptional 761% Total Return On Their Investment
Feb 22What Type Of Shareholders Make Up Nekkar ASA's (OB:NKR) Share Registry?
Jan 13Is Nekkar ASA's(OB:NKR) Recent Stock Performance Tethered To Its Strong Fundamentals?
Nov 20Financial Position Analysis
Short Term Liabilities: NKR's short term assets (NOK499.8M) exceed its short term liabilities (NOK166.2M).
Long Term Liabilities: NKR's short term assets (NOK499.8M) exceed its long term liabilities (NOK33.7M).
Debt to Equity History and Analysis
Debt Level: NKR is debt free.
Reducing Debt: NKR has no debt compared to 5 years ago when its debt to equity ratio was 47.8%.
Debt Coverage: NKR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NKR has no debt, therefore coverage of interest payments is not a concern.