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
NOK 0
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 98.72m |
| Equity | NOK 63.84m |
| Total liabilities | NOK 45.80m |
| Total assets | NOK 109.65m |
Recent financial health updates
Can Nordic Nanovector (OB:NANOV) Afford To Invest In Growth?
Aug 30
Is 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
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/07/04 22:48 |
| End of Day Share Price | 2023/07/04 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nordic Nanovector ASA is covered by 4 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Morten Larsen | ABG Sundal Collier |
| Patrik Ling | DNB Markets |
| Peter Welford | Jefferies LLC |