Nordic Asia Investment Group 1987 Balance Sheet Health
Financial Health criteria checks 5/6
Nordic Asia Investment Group 1987 has a total shareholder equity of SEK143.3M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK144.2M and SEK914.0K respectively.
Key information
0%
Debt to equity ratio
SEK 0
Debt
Interest coverage ratio | n/a |
Cash | SEK 11.15m |
Equity | SEK 143.29m |
Total liabilities | SEK 914.00k |
Total assets | SEK 144.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAIG B's short term assets (SEK12.2M) exceed its short term liabilities (SEK795.0K).
Long Term Liabilities: NAIG B's short term assets (SEK12.2M) exceed its long term liabilities (SEK119.0K).
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 a year based on its current free cash flow.
Forecast Cash Runway: NAIG B has less than a year of cash runway if free cash flow continues to reduce at historical rates of 58% each year