Nordic Unmanned Balance Sheet Health
Financial Health criteria checks 2/6
Nordic Unmanned has a total shareholder equity of €5.9M and total debt of €24.3M, which brings its debt-to-equity ratio to 410%. Its total assets and total liabilities are €37.7M and €31.8M respectively.
Key information
410.0%
Debt to equity ratio
€24.27m
Debt
| Interest coverage ratio | n/a |
| Cash | €292.00k |
| Equity | €5.92m |
| Total liabilities | €31.75m |
| Total assets | €37.67m |
Recent financial health updates
No updates
Recent updates
Investors Give Nordic Unmanned ASA (OB:NUMND) Shares A 43% Hiding
Oct 28
Not Many Are Piling Into Nordic Unmanned ASA (OB:NUMND) Stock Yet As It Plummets 50%
Sep 07Market Cool On Nordic Unmanned ASA's (OB:NUMND) Revenues Pushing Shares 63% Lower
Jul 16Take Care Before Jumping Onto Nordic Unmanned ASA (OB:NUMND) Even Though It's 72% Cheaper
May 31Positive Sentiment Still Eludes Nordic Unmanned ASA (OB:NUMND) Following 25% Share Price Slump
Mar 15Sentiment Still Eluding Nordic Unmanned ASA (OB:NUMND)
Jan 16Financial Position Analysis
Short Term Liabilities: NUMND's short term assets (€9.8M) do not cover its short term liabilities (€15.1M).
Long Term Liabilities: NUMND's short term assets (€9.8M) do not cover its long term liabilities (€16.6M).
Debt to Equity History and Analysis
Debt Level: NUMND's net debt to equity ratio (405.1%) is considered high.
Reducing Debt: Insufficient data to determine if NUMND'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: NUMND has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NUMND is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.