Nivika Fastigheter Balance Sheet Health
Financial Health criteria checks 1/6
Nivika Fastigheter has a total shareholder equity of SEK5.5B and total debt of SEK5.4B, which brings its debt-to-equity ratio to 98.4%. Its total assets and total liabilities are SEK11.7B and SEK6.2B respectively. Nivika Fastigheter's EBIT is SEK428.6M making its interest coverage ratio 1.2. It has cash and short-term investments of SEK119.2M.
Key information
98.4%
Debt to equity ratio
SEK 5.43b
Debt
| Interest coverage ratio | 1.2x |
| Cash | SEK 119.20m |
| Equity | SEK 5.51b |
| Total liabilities | SEK 6.23b |
| Total assets | SEK 11.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NIVI B's short term assets (SEK160.8M) do not cover its short term liabilities (SEK260.9M).
Long Term Liabilities: NIVI B's short term assets (SEK160.8M) do not cover its long term liabilities (SEK6.0B).
Debt to Equity History and Analysis
Debt Level: NIVI B's net debt to equity ratio (96.3%) is considered high.
Reducing Debt: NIVI B's debt to equity ratio has reduced from 190.8% to 98.4% over the past 5 years.
Debt Coverage: NIVI B's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: NIVI B's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 06:41 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/08/31 |
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 here.
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 .
Analyst Sources
Nivika Fastigheter AB (publ) is covered by 3 analysts. 1 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 |
|---|---|
| Stefan Erik Andersson | Danske Bank |
| Rikard Engberg | Penser Access |
| Mathias Carlson | Penser Access |