Niutech Group Balance Sheet Health
Financial Health criteria checks 3/6
Niutech Group has a total shareholder equity of SEK113.4M and total debt of SEK14.6M, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are SEK293.1M and SEK179.7M respectively.
Key information
12.9%
Debt to equity ratio
SEK 14.58m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 15.00k |
| Equity | SEK 113.37m |
| Total liabilities | SEK 179.71m |
| Total assets | SEK 293.08m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NIUTEC's short term assets (SEK179.3M) exceed its short term liabilities (SEK151.5M).
Long Term Liabilities: NIUTEC's short term assets (SEK179.3M) exceed its long term liabilities (SEK28.2M).
Debt to Equity History and Analysis
Debt Level: NIUTEC's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NIUTEC'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: NIUTEC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NIUTEC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.