TopRight Nordic Balance Sheet Health
Financial Health criteria checks 2/6
TopRight Nordic has a total shareholder equity of SEK-7.4M and total debt of SEK7.9M, which brings its debt-to-equity ratio to -105.8%. Its total assets and total liabilities are SEK77.7M and SEK85.2M respectively. TopRight Nordic's EBIT is SEK31.6M making its interest coverage ratio 200.3. It has cash and short-term investments of SEK241.0K.
Key information
-105.8%
Debt to equity ratio
SEK 7.88m
Debt
| Interest coverage ratio | 200.3x |
| Cash | SEK 241.00k |
| Equity | -SEK 7.45m |
| Total liabilities | SEK 85.15m |
| Total assets | SEK 77.71m |
Recent financial health updates
No updates
Recent updates
Investors Still Aren't Entirely Convinced By TopRight Nordic AB (publ)'s (NGM:TOPR) Revenues Despite 44% Price Jump
Mar 09
Calculating The Intrinsic Value Of TopRight Nordic AB (publ) (NGM:TOPR)
Aug 16Calculating The Fair Value Of TopRight Nordic AB (publ) (NGM:TOPR)
Apr 28Returns Are Gaining Momentum At TopRight Nordic (NGM:TOPR)
Sep 09Is There More Growth In Store For TopRight Nordic's (NGM:TOPR) Returns On Capital?
Mar 05Financial Position Analysis
Short Term Liabilities: TOPR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TOPR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TOPR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TOPR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TOPR's debt is well covered by operating cash flow (191.5%).
Interest Coverage: TOPR's interest payments on its debt are well covered by EBIT (200.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 18:40 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TopRight Nordic AB (publ) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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