NEXT Biometrics Group Balance Sheet Health
Financial Health criteria checks 6/6
NEXT Biometrics Group has a total shareholder equity of NOK97.5M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK126.5M and NOK29.0M respectively.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 45.55m |
| Equity | NOK 97.52m |
| Total liabilities | NOK 28.96m |
| Total assets | NOK 126.48m |
Recent financial health updates
Will NEXT Biometrics Group (OB:NEXT) Spend Its Cash Wisely?
Aug 28
We're Not Very Worried About NEXT Biometrics Group's (OB:NEXT) Cash Burn Rate
Apr 28Here's Why We're Not Too Worried About NEXT Biometrics Group's (OB:NEXT) Cash Burn Situation
Sep 29NEXT Biometrics Group (OB:NEXT) Is In A Good Position To Deliver On Growth Plans
May 12Recent updates
Will NEXT Biometrics Group (OB:NEXT) Spend Its Cash Wisely?
Aug 28We're Not Very Worried About NEXT Biometrics Group's (OB:NEXT) Cash Burn Rate
Apr 28Here's Why We're Not Too Worried About NEXT Biometrics Group's (OB:NEXT) Cash Burn Situation
Sep 29NEXT Biometrics Group (OB:NEXT) Is In A Good Position To Deliver On Growth Plans
May 12The NEXT Biometrics Group (OB:NEXT) Share Price Is Up 100% And Shareholders Are Holding On
Feb 10
Financial Position Analysis
Short Term Liabilities: NEXT's short term assets (NOK120.7M) exceed its short term liabilities (NOK27.8M).
Long Term Liabilities: NEXT's short term assets (NOK120.7M) exceed its long term liabilities (NOK1.1M).
Debt to Equity History and Analysis
Debt Level: NEXT is debt free.
Reducing Debt: NEXT had no debt 5 years ago.
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: NEXT has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NEXT is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/15 16:53 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
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 Github.
Analyst Sources
NEXT Biometrics Group ASA is covered by 2 analysts. 0 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 |
|---|---|
| Hans Rettedal Christiansen | Carnegie Investment Bank AB |
| Fridtjof Fredricsson | Pareto Securities |