Novus Group International Balance Sheet Health
Financial Health criteria checks 6/6
Novus Group International has a total shareholder equity of SEK11.0M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK31.0M and SEK20.0M respectively.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 7.21m |
| Equity | SEK 11.00m |
| Total liabilities | SEK 19.97m |
| Total assets | SEK 30.98m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NOVU's short term assets (SEK25.9M) exceed its short term liabilities (SEK20.0M).
Long Term Liabilities: NOVU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NOVU is debt free.
Reducing Debt: NOVU had no debt 5 years ago.
Debt Coverage: NOVU has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NOVU has no debt, therefore coverage of interest payments is not a concern.