Norwegian Block Exchange Balance Sheet Health
Financial Health criteria checks 2/6
Norwegian Block Exchange has a total shareholder equity of NOK50.8M and total debt of NOK29.5M, which brings its debt-to-equity ratio to 58.2%. Its total assets and total liabilities are NOK120.2M and NOK69.4M respectively.
Key information
58.2%
Debt to equity ratio
kr29.54m
Debt
| Interest coverage ratio | n/a |
| Cash | kr31.76m |
| Equity | kr50.76m |
| Total liabilities | kr69.43m |
| Total assets | kr120.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NBX's short term assets (NOK34.1M) do not cover its short term liabilities (NOK68.9M).
Long Term Liabilities: NBX's short term assets (NOK34.1M) exceed its long term liabilities (NOK546.0K).
Debt to Equity History and Analysis
Debt Level: NBX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if NBX'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 NBX has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NBX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.