NGS Group Balance Sheet Health
Financial Health criteria checks 3/6
NGS Group has a total shareholder equity of SEK91.0M and total debt of SEK20.9M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are SEK170.0M and SEK79.0M respectively.
Key information
23.0%
Debt to equity ratio
SEK 20.93m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 13.14m |
| Equity | SEK 91.02m |
| Total liabilities | SEK 79.00m |
| Total assets | SEK 170.02m |
Recent financial health updates
Health Check: How Prudently Does NGS Group (STO:NGS) Use Debt?
Sep 28
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 (STO:NGS) Has A Rock Solid Balance Sheet
Jul 20Recent updates
Health Check: How Prudently Does NGS Group (STO:NGS) Use Debt?
Sep 28NGS 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 (SEK80.1M) exceed its short term liabilities (SEK54.4M).
Long Term Liabilities: NGS's short term assets (SEK80.1M) exceed its long term liabilities (SEK24.6M).
Debt to Equity History and Analysis
Debt Level: NGS's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: NGS's debt to equity ratio has increased from 15.7% to 23% 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.