Norwegian Block Exchange Balance Sheet Health
Financial Health criteria checks 4/6
Norwegian Block Exchange has a total shareholder equity of NOK71.3M and total debt of NOK19.6M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are NOK134.1M and NOK62.8M respectively.
Key information
27.6%
Debt to equity ratio
NOK 19.64m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 12.77m |
| Equity | NOK 71.25m |
| Total liabilities | NOK 62.82m |
| Total assets | NOK 134.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NBX's short term assets (NOK36.9M) do not cover its short term liabilities (NOK60.8M).
Long Term Liabilities: NBX's short term assets (NOK36.9M) exceed its long term liabilities (NOK2.0M).
Debt to Equity History and Analysis
Debt Level: NBX's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: NBX's debt to equity ratio has increased from 21.3% to 27.6% 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: NBX has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NBX is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.