Nordic Technology Group Balance Sheet Health
Financial Health criteria checks 2/6
Nordic Technology Group has a total shareholder equity of NOK567.6M and total debt of NOK46.3M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are NOK659.1M and NOK91.5M respectively.
Key information
8.2%
Debt to equity ratio
NOK 46.32m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 10.11m |
| Equity | NOK 567.61m |
| Total liabilities | NOK 91.50m |
| Total assets | NOK 659.11m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: NTG's short term assets (NOK53.0M) do not cover its short term liabilities (NOK62.6M).
Long Term Liabilities: NTG's short term assets (NOK53.0M) exceed its long term liabilities (NOK28.9M).
Debt to Equity History and Analysis
Debt Level: NTG's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NTG's debt to equity ratio has reduced over the past 5 years.
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 NTG has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NTG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.