NFO Drives Balance Sheet Health
Financial Health criteria checks 6/6
NFO Drives has a total shareholder equity of SEK21.5M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK27.4M and SEK5.9M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | n/a |
Cash | kr11.40m |
Equity | kr21.54m |
Total liabilities | kr5.90m |
Total assets | kr27.44m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NFO's short term assets (SEK21.1M) exceed its short term liabilities (SEK5.6M).
Long Term Liabilities: NFO's short term assets (SEK21.1M) exceed its long term liabilities (SEK344.2K).
Debt to Equity History and Analysis
Debt Level: NFO is debt free.
Reducing Debt: NFO 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: NFO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NFO has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 35.7% each year.