Nortel Balance Sheet Health

Financial Health criteria checks 2/6

Nortel has a total shareholder equity of NOK47.6M and total debt of NOK47.5M, which brings its debt-to-equity ratio to 99.9%. Its total assets and total liabilities are NOK216.3M and NOK168.7M respectively.

Key information

99.9%

Debt to equity ratio

NOK 47.50m

Debt

Interest coverage ration/a
CashNOK 1.65m
EquityNOK 47.57m
Total liabilitiesNOK 168.73m
Total assetsNOK 216.30m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: NTEL's short term assets (NOK26.6M) do not cover its short term liabilities (NOK98.6M).

Long Term Liabilities: NTEL's short term assets (NOK26.6M) do not cover its long term liabilities (NOK70.1M).


Debt to Equity History and Analysis

Debt Level: NTEL's net debt to equity ratio (96.4%) is considered high.

Reducing Debt: Insufficient data to determine if NTEL's debt to equity ratio has reduced over the 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: Whilst unprofitable NTEL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: NTEL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 84.9% per year.


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