Nordic Asia Investment Group 1987 Balance Sheet Health
Financial Health criteria checks 6/6
Nordic Asia Investment Group 1987 has a total shareholder equity of SEK137.5M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK138.3M and SEK784.0K respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | n/a |
| Cash | kr19.62m |
| Equity | kr137.53m |
| Total liabilities | kr784.00k |
| Total assets | kr138.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAIG B's short term assets (SEK20.3M) exceed its short term liabilities (SEK663.0K).
Long Term Liabilities: NAIG B's short term assets (SEK20.3M) exceed its long term liabilities (SEK121.0K).
Debt to Equity History and Analysis
Debt Level: NAIG B is debt free.
Reducing Debt: NAIG B has not had any debt for 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: NAIG B has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NAIG B has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 53.9% each year.