NEXT Biometrics Group Balance Sheet Health
Financial Health criteria checks 6/6
NEXT Biometrics Group has a total shareholder equity of NOK94.4M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK118.9M and NOK24.5M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | n/a |
Cash | kr67.75m |
Equity | kr94.35m |
Total liabilities | kr24.55m |
Total assets | kr118.90m |
Recent financial health 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 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 10Financial Position Analysis
Short Term Liabilities: NEXT's short term assets (NOK110.6M) exceed its short term liabilities (NOK24.4M).
Long Term Liabilities: NEXT's short term assets (NOK110.6M) exceed its long term liabilities (NOK194.0K).
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 more than a year based on its current free cash flow.
Forecast Cash Runway: NEXT has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 28.4% each year.