Nordic Aqua Partners Balance Sheet Health
Financial Health criteria checks 2/6
Nordic Aqua Partners has a total shareholder equity of €73.6M and total debt of €14.7M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are €113.2M and €39.6M respectively.
Key information
20.0%
Debt to equity ratio
€14.74m
Debt
Interest coverage ratio | n/a |
Cash | €13.26m |
Equity | €73.56m |
Total liabilities | €39.60m |
Total assets | €113.16m |
Recent financial health 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 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 (€33.1M) exceed its short term liabilities (€6.1M).
Long Term Liabilities: NOAP's short term assets (€33.1M) do not cover its long term liabilities (€33.5M).
Debt to Equity History and Analysis
Debt Level: NOAP's net debt to equity ratio (2%) 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NOAP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 55.4% each year