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
kr27.14m
Debt
| Interest coverage ratio | n/a |
| Cash | kr1.34m |
| Equity | kr109.01m |
| Total liabilities | kr103.93m |
| Total assets | kr212.94m |
Recent financial health updates
NGS Group (STO:NGS) Has Debt But No Earnings; Should You Worry?
Oct 20
NGS Group (STO:NGS) Is Making Moderate Use Of Debt
Jul 07Is NGS Group (STO:NGS) Using Too Much Debt?
Mar 30Is NGS Group (STO:NGS) Using Too Much Debt?
Nov 08NGS Group (STO:NGS) Has A Rock Solid Balance Sheet
Jul 20NGS Group (STO:NGS) Has A Pretty Healthy Balance Sheet
Sep 02Recent updates
NGS Group (STO:NGS) Has Debt But No Earnings; Should You Worry?
Oct 20NGS Group (STO:NGS) Is Making Moderate Use Of Debt
Jul 07Is NGS Group (STO:NGS) Using Too Much Debt?
Mar 30Is NGS Group (STO:NGS) Using Too Much Debt?
Nov 08NGS Group's (STO:NGS) Returns On Capital Not Reflecting Well On The Business
Sep 23NGS Group (STO:NGS) Has A Rock Solid Balance Sheet
Jul 20NGS Group's (STO:NGS) Returns On Capital Not Reflecting Well On The Business
Jun 23NGS Group (STO:NGS) Has A Pretty Healthy Balance Sheet
Sep 02Is NGS Group (STO:NGS) A Risky Investment?
May 03How Many NGS Group AB (publ) (STO:NGS) Shares Have Insiders Sold, In The Last Year?
Dec 28
NGS Group (STO:NGS) Has A Pretty Healthy Balance Sheet
Nov 30Financial Position Analysis
Short Term Liabilities: NGS's short term assets (SEK76.1M) do not cover its short term liabilities (SEK76.8M).
Long Term Liabilities: NGS's short term assets (SEK76.1M) exceed its long term liabilities (SEK27.1M).
Debt to Equity History and Analysis
Debt Level: NGS's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: NGS's debt to equity ratio has increased from 16.3% to 24.9% over the past 5 years.
Debt Coverage: NGS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NGS's interest payments on its debt are well covered by EBIT.