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Harm Reduction Group Balance Sheet Health
Financial Health criteria checks 2/6
Harm Reduction Group has a total shareholder equity of SEK40.5M and total debt of SEK19.4M, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are SEK112.2M and SEK71.7M respectively.
Key information
47.8%
Debt to equity ratio
SEK 19.38m
Debt
Interest coverage ratio | n/a |
Cash | SEK 2.02m |
Equity | SEK 40.53m |
Total liabilities | SEK 71.66m |
Total assets | SEK 112.19m |
Recent financial health updates
Is Harm Reduction Group (NGM:NOHARM) Using Debt In A Risky Way?
May 29Health Check: How Prudently Does Harm Reduction Group (NGM:NOHARM) Use Debt?
Feb 29Does Harm Reduction Group (NGM:NOHARM) Have A Healthy Balance Sheet?
Sep 01Companies Like SealWacs (NGM:SEAL) Are In A Position To Invest In Growth
Dec 28Recent updates
Market Cool On Harm Reduction Group AB (publ)'s (NGM:NOHARM) Revenues Pushing Shares 31% Lower
Nov 07The Market Doesn't Like What It Sees From Harm Reduction Group AB (publ)'s (NGM:NOHARM) Revenues Yet As Shares Tumble 45%
Aug 06Harm Reduction Group AB (publ)'s (NGM:NOHARM) Shares Leap 26% Yet They're Still Not Telling The Full Story
Jun 22Is Harm Reduction Group (NGM:NOHARM) Using Debt In A Risky Way?
May 29Harm Reduction Group AB (publ) (NGM:NOHARM) Might Not Be As Mispriced As It Looks After Plunging 25%
Apr 24Market Cool On Harm Reduction Group AB (publ)'s (NGM:NOHARM) Revenues Pushing Shares 30% Lower
Mar 05Health Check: How Prudently Does Harm Reduction Group (NGM:NOHARM) Use Debt?
Feb 29Further Upside For Harm Reduction Group AB (publ) (NGM:NOHARM) Shares Could Introduce Price Risks After 32% Bounce
Jan 05It's Down 28% But Harm Reduction Group AB (NGM:NOHARM) Could Be Riskier Than It Looks
Sep 05Does Harm Reduction Group (NGM:NOHARM) Have A Healthy Balance Sheet?
Sep 01Companies Like SealWacs (NGM:SEAL) Are In A Position To Invest In Growth
Dec 28Financial Position Analysis
Short Term Liabilities: NOHARM's short term assets (SEK61.5M) exceed its short term liabilities (SEK45.6M).
Long Term Liabilities: NOHARM's short term assets (SEK61.5M) exceed its long term liabilities (SEK26.0M).
Debt to Equity History and Analysis
Debt Level: NOHARM's net debt to equity ratio (42.8%) is considered high.
Reducing Debt: NOHARM's debt to equity ratio has increased from 0% to 47.8% 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: NOHARM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NOHARM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.7% each year
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/02/09 07:45 |
End of Day Share Price | 2025/01/28 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 * |
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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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Harm Reduction Group AB (publ) is covered by 2 analysts. 0 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 |
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Mattias Ehrenborg | Redeye |
Christian Binder | Redeye |