Nyab Balance Sheet Health
Financial Health criteria checks 5/6
Nyab has a total shareholder equity of €177.3M and total debt of €12.4M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are €263.4M and €86.1M respectively. Nyab's EBIT is €14.1M making its interest coverage ratio 4.2. It has cash and short-term investments of €23.5M.
Key information
7.0%
Debt to equity ratio
€12.39m
Debt
| Interest coverage ratio | 4.2x |
| Cash | €23.46m |
| Equity | €177.35m |
| Total liabilities | €86.08m |
| Total assets | €263.42m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NYAB's short term assets (€100.5M) exceed its short term liabilities (€71.2M).
Long Term Liabilities: NYAB's short term assets (€100.5M) exceed its long term liabilities (€14.9M).
Debt to Equity History and Analysis
Debt Level: NYAB has more cash than its total debt.
Reducing Debt: Insufficient data to determine if NYAB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NYAB's debt is well covered by operating cash flow (246.2%).
Interest Coverage: NYAB's interest payments on its debt are well covered by EBIT (4.2x coverage).