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
kr47.50m
Debt
| Interest coverage ratio | n/a |
| Cash | kr1.65m |
| Equity | kr47.57m |
| Total liabilities | kr168.73m |
| Total assets | kr216.30m |
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.