Nimbus Group Balance Sheet Health
Financial Health criteria checks 4/6
Nimbus Group has a total shareholder equity of SEK819.2M and total debt of SEK191.1M, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are SEK2.0B and SEK1.2B respectively.
Key information
23.3%
Debt to equity ratio
SEK 191.15m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 14.98m |
| Equity | SEK 819.18m |
| Total liabilities | SEK 1.21b |
| Total assets | SEK 2.03b |
Recent financial health updates
Recent updates
Is Nimbus Group (STO:BOAT) Using Too Much Debt?
Oct 02
It Looks Like Nimbus Group AB (Publ)'s (STO:BOAT) CEO May Expect Their Salary To Be Put Under The Microscope
May 10Is Now An Opportune Moment To Examine Nimbus Group AB (Publ) (STO:BOAT)?
Mar 11Nimbus Group's (STO:BOAT) Anemic Earnings Might Be Worse Than You Think
Feb 14Lacklustre Performance Is Driving Nimbus Group AB (Publ)'s (STO:BOAT) Low P/E
Oct 26News Flash: Analysts Just Made A Notable Upgrade To Their Nimbus Group AB (Publ) (STO:BOAT) Forecasts
Mar 15Is It Time To Consider Buying Nimbus Group AB (Publ) (STO:BOAT)?
Feb 26Nimbus Group (STO:BOAT) Is Paying Out A Dividend Of SEK1.50
Feb 10Nimbus Group (STO:BOAT) Is Achieving High Returns On Its Capital
Jan 21Earnings Beat: Nimbus Group AB (Publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 24Under The Bonnet, Nimbus Group's (STO:BOAT) Returns Look Impressive
Feb 20Estimating The Fair Value Of Nimbus Group AB (Publ) (STO:BOAT)
Jan 24Nimbus Group's (STO:BOAT) Performance Is Even Better Than Its Earnings Suggest
Aug 31Financial Position Analysis
Short Term Liabilities: BOAT's short term assets (SEK1.3B) exceed its short term liabilities (SEK994.4M).
Long Term Liabilities: BOAT's short term assets (SEK1.3B) exceed its long term liabilities (SEK214.4M).
Debt to Equity History and Analysis
Debt Level: BOAT's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: BOAT's debt to equity ratio has reduced from 87.2% to 23.3% over the past 5 years.
Debt Coverage: BOAT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BOAT's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 00:56 |
| End of Day Share Price | 2024/12/27 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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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
Nimbus Group AB (Publ) is covered by 2 analysts. 2 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 |
|---|---|
| Victor Hansen | Nordea Markets |
| Erik Paulsson | Nordea Markets |