Nordic Aqua Partners Balance Sheet Health
Financial Health criteria checks 4/6
Nordic Aqua Partners has a total shareholder equity of €73.4M and total debt of €15.0M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are €101.6M and €28.2M respectively.
Key information
20.5%
Debt to equity ratio
€15.02m
Debt
| Interest coverage ratio | n/a |
| Cash | €23.24m |
| Equity | €73.35m |
| Total liabilities | €28.24m |
| Total assets | €101.59m |
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 (€38.0M) exceed its short term liabilities (€3.7M).
Long Term Liabilities: NOAP's short term assets (€38.0M) exceed its long term liabilities (€24.5M).
Debt to Equity History and Analysis
Debt Level: NOAP has more cash than its total debt.
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NOAP has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 60.5% each year.