Nelly Group Balance Sheet Health
Financial Health criteria checks 6/6
Nelly Group has a total shareholder equity of SEK225.7M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK835.8M and SEK610.1M respectively. Nelly Group's EBIT is SEK83.8M making its interest coverage ratio 5.5. It has cash and short-term investments of SEK190.4M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | 5.5x |
| Cash | SEK 190.40m |
| Equity | SEK 225.70m |
| Total liabilities | SEK 610.10m |
| Total assets | SEK 835.80m |
Recent financial health updates
Is Nelly Group (STO:NELLY) In A Good Position To Invest In Growth?
Apr 16
We're Hopeful That Nelly Group (STO:NELLY) Will Use Its Cash Wisely
Jul 17We're Not Worried About Nelly Group's (STO:NELLY) Cash Burn
Mar 05Here's Why We're Not Too Worried About Nelly Group's (STO:NELLY) Cash Burn Situation
Aug 03Nelly Group (STO:NELLY) Will Have To Spend Its Cash Wisely
Feb 15
Recent updates
Revenues Not Telling The Story For Nelly Group AB (publ) (STO:NELLY) After Shares Rise 27%
Nov 12We Like Nelly Group's (STO:NELLY) Earnings For More Than Just Statutory Profit
Nov 03There's Reason For Concern Over Nelly Group AB (publ)'s (STO:NELLY) Massive 35% Price Jump
Jul 15Nelly Group's (STO:NELLY) Earnings Seem To Be Promising
May 03Nelly Group AB (publ)'s (STO:NELLY) Subdued P/S Might Signal An Opportunity
Dec 20Is Nelly Group (STO:NELLY) In A Good Position To Invest In Growth?
Apr 16We're Hopeful That Nelly Group (STO:NELLY) Will Use Its Cash Wisely
Jul 17We're Not Worried About Nelly Group's (STO:NELLY) Cash Burn
Mar 05Here's Why We're Not Too Worried About Nelly Group's (STO:NELLY) Cash Burn Situation
Aug 03Nelly Group (STO:NELLY) Will Have To Spend Its Cash Wisely
Feb 15Nelly Group (STO:NELLY) Shareholders Received A Total Return Of Negative 29% In The Last Three Years
Dec 22Financial Position Analysis
Short Term Liabilities: NELLY's short term assets (SEK419.1M) exceed its short term liabilities (SEK373.9M).
Long Term Liabilities: NELLY's short term assets (SEK419.1M) exceed its long term liabilities (SEK236.2M).
Debt to Equity History and Analysis
Debt Level: NELLY is debt free.
Reducing Debt: NELLY has no debt compared to 5 years ago when its debt to equity ratio was 39.7%.
Debt Coverage: NELLY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NELLY has no debt, therefore coverage of interest payments is not a concern.