Nimbus Group Balance Sheet Health
Financial Health criteria checks 5/6
Nimbus Group has a total shareholder equity of SEK868.1M and total debt of SEK240.8M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are SEK2.1B and SEK1.3B respectively. Nimbus Group's EBIT is SEK76.8M making its interest coverage ratio 4.9. It has cash and short-term investments of SEK11.2M.
Key information
27.7%
Debt to equity ratio
kr240.78m
Debt
Interest coverage ratio | 4.9x |
Cash | kr11.17m |
Equity | kr868.06m |
Total liabilities | kr1.27b |
Total assets | kr2.13b |
Recent financial health updates
No updates
Recent updates
Is 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 (SEK1.4B) exceed its short term liabilities (SEK1.1B).
Long Term Liabilities: BOAT's short term assets (SEK1.4B) exceed its long term liabilities (SEK184.7M).
Debt to Equity History and Analysis
Debt Level: BOAT's net debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: BOAT's debt to equity ratio has reduced from 75.2% to 27.7% over the past 5 years.
Debt Coverage: BOAT's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: BOAT's interest payments on its debt are well covered by EBIT (4.9x coverage).