Nordic Nanovector Balance Sheet Health
Financial Health criteria checks 4/6
Nordic Nanovector has a total shareholder equity of NOK63.8M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK109.6M and NOK45.8M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | n/a |
Cash | kr98.72m |
Equity | kr63.84m |
Total liabilities | kr45.80m |
Total assets | kr109.65m |
Recent financial health updates
Can Nordic Nanovector (OB:NANOV) Afford To Invest In Growth?
Aug 30Is Nordic Nanovector (OB:NANOV) In A Good Position To Invest In Growth?
Nov 09We Think Nordic Nanovector (OB:NANOV) Needs To Drive Business Growth Carefully
Jul 02Is Nordic Nanovector (OB:NANOV) In A Good Position To Invest In Growth?
Jan 06Recent updates
Can Nordic Nanovector (OB:NANOV) Afford To Invest In Growth?
Aug 30Is Nordic Nanovector (OB:NANOV) In A Good Position To Invest In Growth?
Nov 09We Think Nordic Nanovector (OB:NANOV) Needs To Drive Business Growth Carefully
Jul 02Is Nordic Nanovector (OB:NANOV) In A Good Position To Invest In Growth?
Jan 06Financial Position Analysis
Short Term Liabilities: NANOV's short term assets (NOK109.1M) exceed its short term liabilities (NOK44.3M).
Long Term Liabilities: NANOV's short term assets (NOK109.1M) exceed its long term liabilities (NOK1.5M).
Debt to Equity History and Analysis
Debt Level: NANOV is debt free.
Reducing Debt: NANOV has not had any debt for 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: NANOV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NANOV has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.2% each year