Nordic Aqua Partners Balance Sheet Health
Financial Health criteria checks 4/6
Nordic Aqua Partners has a total shareholder equity of €72.1M and total debt of €25.4M, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are €124.2M and €52.1M respectively.
Key information
35.2%
Debt to equity ratio
€25.41m
Debt
| Interest coverage ratio | n/a |
| Cash | €10.36m |
| Equity | €72.10m |
| Total liabilities | €52.08m |
| Total assets | €124.17m |
Recent financial health updates
Is Nordic Aqua Partners (OB:NOAP) Using Debt In A Risky Way?
Feb 28
Is Nordic Aqua Partners (OB:NOAP) In A Good Position To Invest In Growth?
May 27We're Keeping An Eye On Nordic Aqua Partners' (OB:NOAP) Cash Burn Rate
Jun 03Here's Why We're Not Too Worried About Nordic Aqua Partners' (OB:NOAP) Cash Burn Situation
Jul 13We're Hopeful That Nordic Aqua Partners (OB:NOAP) Will Use Its Cash Wisely
Mar 21Recent updates
Is Nordic Aqua Partners (OB:NOAP) Using Debt In A Risky Way?
Feb 28Is Nordic Aqua Partners (OB:NOAP) In A Good Position To Invest In Growth?
May 27We're Keeping An Eye On Nordic Aqua Partners' (OB:NOAP) Cash Burn Rate
Jun 03Here's Why We're Not Too Worried About Nordic Aqua Partners' (OB:NOAP) Cash Burn Situation
Jul 13We're Hopeful That Nordic Aqua Partners (OB:NOAP) Will Use Its Cash Wisely
Mar 21Financial Position Analysis
Short Term Liabilities: NOAP's short term assets (€30.8M) exceed its short term liabilities (€8.7M).
Long Term Liabilities: NOAP's short term assets (€30.8M) do not cover its long term liabilities (€43.3M).
Debt to Equity History and Analysis
Debt Level: NOAP's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NOAP'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: NOAP has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NOAP is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.