Nekkar Balance Sheet Health
Financial Health criteria checks 6/6
Nekkar has a total shareholder equity of NOK497.0M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK765.0M and NOK268.0M respectively. Nekkar's EBIT is NOK87.1M making its interest coverage ratio -2.6. It has cash and short-term investments of NOK159.0M.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | -2.6x |
| Cash | NOK 159.00m |
| Equity | NOK 497.00m |
| Total liabilities | NOK 268.00m |
| Total assets | NOK 765.00m |
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 (NOK466.0M) exceed its short term liabilities (NOK182.0M).
Long Term Liabilities: NKR's short term assets (NOK466.0M) exceed its long term liabilities (NOK86.0M).
Debt to Equity History and Analysis
Debt Level: NKR is debt free.
Reducing Debt: NKR had no debt 5 years ago.
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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:58 |
| End of Day Share Price | 2024/12/20 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
Nekkar ASA is covered by 7 analysts. 1 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 |
|---|---|
| Anders Hagen | ABG Sundal Collier |
| Magnus Berg | Arctic Securities ASA |
| Martin Karlsen | DNB Markets |