NEXT Biometrics Group ASA

OB:NEXT Stock Report

Market Cap: kr854.3m

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 ration/a
Cashkr67.75m
Equitykr94.35m
Total liabilitieskr24.55m
Total assetskr118.90m

Recent financial health updates

Recent updates

Will NEXT Biometrics Group (OB:NEXT) Spend Its Cash Wisely?

Aug 28
Will NEXT Biometrics Group (OB:NEXT) Spend Its Cash Wisely?

We're Not Very Worried About NEXT Biometrics Group's (OB:NEXT) Cash Burn Rate

Apr 28
We're Not Very Worried About NEXT Biometrics Group's (OB:NEXT) Cash Burn Rate

Here's Why We're Not Too Worried About NEXT Biometrics Group's (OB:NEXT) Cash Burn Situation

Sep 29
Here's Why We're Not Too Worried About NEXT Biometrics Group's (OB:NEXT) Cash Burn Situation

NEXT Biometrics Group (OB:NEXT) Is In A Good Position To Deliver On Growth Plans

May 12
NEXT Biometrics Group (OB:NEXT) Is In A Good Position To Deliver On Growth Plans

The NEXT Biometrics Group (OB:NEXT) Share Price Is Up 100% And Shareholders Are Holding On

Feb 10
The NEXT Biometrics Group (OB:NEXT) Share Price Is Up 100% And Shareholders Are Holding On

Financial 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.


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