NGS Group Balance Sheet Health
Financial Health criteria checks 2/6
NGS Group has a total shareholder equity of SEK109.0M and total debt of SEK27.1M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are SEK212.9M and SEK103.9M respectively.
Key information
24.9%
Debt to equity ratio
SEK 27.14m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 1.34m |
| Equity | SEK 109.01m |
| Total liabilities | SEK 103.93m |
| Total assets | SEK 212.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NGS BTA's short term assets (SEK76.1M) do not cover its short term liabilities (SEK76.8M).
Long Term Liabilities: NGS BTA's short term assets (SEK76.1M) exceed its long term liabilities (SEK27.1M).
Debt to Equity History and Analysis
Debt Level: NGS BTA's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: NGS BTA's debt to equity ratio has increased from 16.3% to 24.9% over the past 5 years.
Debt Coverage: NGS BTA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NGS BTA's interest payments on its debt are well covered by EBIT.