Northbaze Group Balance Sheet Health
Financial Health criteria checks 3/6
Northbaze Group has a total shareholder equity of SEK63.3M and total debt of SEK29.6M, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are SEK153.4M and SEK90.0M respectively.
Key information
46.7%
Debt to equity ratio
SEK 29.56m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 3.56m |
| Equity | SEK 63.34m |
| Total liabilities | SEK 90.02m |
| Total assets | SEK 153.35m |
Recent financial health updates
Health Check: How Prudently Does Northbaze Group (STO:NBZ) Use Debt?
Aug 22
Health Check: How Prudently Does Northbaze Group (STO:NBZ) Use Debt?
May 11Here's Why Northbaze Group (STO:NBZ) Can Afford Some Debt
Jan 24Is Northbaze Group (STO:NBZ) A Risky Investment?
Aug 21Here's Why Northbaze Group (STO:NBZ) Can Afford Some Debt
Mar 22Is Northbaze Group (STO:NBZ) Using Too Much Debt?
Nov 24Recent updates
Health Check: How Prudently Does Northbaze Group (STO:NBZ) Use Debt?
Aug 22A Piece Of The Puzzle Missing From Northbaze Group AB (publ)'s (STO:NBZ) 26% Share Price Climb
Jul 22Slammed 26% Northbaze Group AB (publ) (STO:NBZ) Screens Well Here But There Might Be A Catch
Jun 07Health Check: How Prudently Does Northbaze Group (STO:NBZ) Use Debt?
May 11Northbaze Group AB (publ) (STO:NBZ) Soars 32% But It's A Story Of Risk Vs Reward
Apr 06Investors Still Aren't Entirely Convinced By Northbaze Group AB (publ)'s (STO:NBZ) Revenues Despite 29% Price Jump
Feb 18Here's Why Northbaze Group (STO:NBZ) Can Afford Some Debt
Jan 24Even With A 31% Surge, Cautious Investors Are Not Rewarding Northbaze Group AB (publ)'s (STO:NBZ) Performance Completely
Dec 20Estimating The Intrinsic Value Of Northbaze Group AB (publ) (STO:NBZ)
Oct 18Is Now The Time To Look At Buying Northbaze Group AB (publ) (STO:NBZ)?
Sep 27Is Northbaze Group (STO:NBZ) A Risky Investment?
Aug 21Here's Why Northbaze Group (STO:NBZ) Can Afford Some Debt
Mar 22Is Northbaze Group (STO:NBZ) Using Too Much Debt?
Nov 24Is Northbaze Group (STO:NBZ) Using Too Much Debt?
Aug 23At kr0.75, Is Northbaze Group AB (publ) (STO:NBZ) Worth Looking At Closely?
Mar 17Does Northbaze Group (STO:NBZ) Have A Healthy Balance Sheet?
Feb 10Northbaze Group (STO:NBZ) Is Making Moderate Use Of Debt
Sep 12Breakeven Is Near for Northbaze Group AB (publ) (STO:NBZ)
May 03Is Northbaze Group (STO:NBZ) A Risky Investment?
Feb 26Financial Position Analysis
Short Term Liabilities: NBZ's short term assets (SEK57.4M) do not cover its short term liabilities (SEK81.7M).
Long Term Liabilities: NBZ's short term assets (SEK57.4M) exceed its long term liabilities (SEK8.3M).
Debt to Equity History and Analysis
Debt Level: NBZ's net debt to equity ratio (41%) is considered high.
Reducing Debt: NBZ's debt to equity ratio has increased from 42.8% to 46.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NBZ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NBZ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 27.7% per year.