New Nordic Healthbrands Balance Sheet Health
Financial Health criteria checks 3/6
New Nordic Healthbrands has a total shareholder equity of SEK99.7M and total debt of SEK38.5M, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are SEK249.4M and SEK149.7M respectively. New Nordic Healthbrands's EBIT is SEK4.2M making its interest coverage ratio 1.6. It has cash and short-term investments of SEK8.2M.
Key information
38.60%
Debt to equity ratio
SEK 38.50m
Debt
| Interest coverage ratio | 1.6x |
| Cash | SEK 8.18m |
| Equity | SEK 99.75m |
| Total liabilities | SEK 149.66m |
| Total assets | SEK 249.41m |
Recent financial health updates
Does New Nordic Healthbrands (STO:NNH) Have A Healthy Balance Sheet?
Mar 19
New Nordic Healthbrands (STO:NNH) Is Carrying A Fair Bit Of Debt
Nov 05New Nordic Healthbrands (STO:NNH) Is Making Moderate Use Of Debt
Jan 03Does New Nordic Healthbrands (STO:NNH) Have A Healthy Balance Sheet?
Sep 20Is New Nordic Healthbrands (STO:NNH) A Risky Investment?
May 10Is New Nordic Healthbrands (STO:NNH) Using Too Much Debt?
Dec 27Recent updates
New Nordic Healthbrands AB (publ) (STO:NNH) Stock Rockets 30% But Many Are Still Ignoring The Company
Apr 30Does New Nordic Healthbrands (STO:NNH) Have A Healthy Balance Sheet?
Mar 19New Nordic Healthbrands (STO:NNH) Is Carrying A Fair Bit Of Debt
Nov 05New Nordic Healthbrands AB (publ)'s (STO:NNH) Popularity With Investors Is Clear
Jul 03New Nordic Healthbrands (STO:NNH) Is Making Moderate Use Of Debt
Jan 03Does New Nordic Healthbrands (STO:NNH) Have A Healthy Balance Sheet?
Sep 20Is New Nordic Healthbrands (STO:NNH) A Risky Investment?
May 10Is New Nordic Healthbrands (STO:NNH) Using Too Much Debt?
Dec 27Calculating The Fair Value Of New Nordic Healthbrands AB (publ) (STO:NNH)
Sep 15Capital Allocation Trends At New Nordic Healthbrands (STO:NNH) Aren't Ideal
Jul 30New Nordic Healthbrands (STO:NNH) Has A Pretty Healthy Balance Sheet
May 20Capital Investment Trends At New Nordic Healthbrands (STO:NNH) Look Strong
Apr 29Is New Nordic Healthbrands (STO:NNH) Using Too Much Debt?
Feb 16These 4 Measures Indicate That New Nordic Healthbrands (STO:NNH) Is Using Debt Reasonably Well
Oct 30New Nordic Healthbrands (STO:NNH) Will Be Hoping To Turn Its Returns On Capital Around
Jul 31Calculating The Intrinsic Value Of New Nordic Healthbrands AB (publ) (STO:NNH)
Jun 08Estimating The Fair Value Of New Nordic Healthbrands AB (publ) (STO:NNH)
Mar 08These 4 Measures Indicate That New Nordic Healthbrands (STO:NNH) Is Using Debt Reasonably Well
Feb 15
What Do The Returns On Capital At New Nordic Healthbrands (STO:NNH) Tell Us?
Jan 25Should New Nordic Healthbrands AB (publ) (STO:NNH) Be Part Of Your Dividend Portfolio?
Dec 31New Nordic Healthbrands AB (publ)'s (STO:NNH) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
Dec 09Financial Position Analysis
Short Term Liabilities: NNH's short term assets (SEK227.7M) exceed its short term liabilities (SEK147.3M).
Long Term Liabilities: NNH's short term assets (SEK227.7M) exceed its long term liabilities (SEK2.4M).
Debt to Equity History and Analysis
Debt Level: NNH's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: NNH's debt to equity ratio has increased from 10.8% to 38.6% over the past 5 years.
Debt Coverage: NNH's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: NNH's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/27 05:00 |
| End of Day Share Price | 2025/05/27 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 * |
|---|---|---|---|
| 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
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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
New Nordic Healthbrands AB (publ) is covered by 0 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.