Nowonomics Balance Sheet Health
Financial Health criteria checks 1/6
Nowonomics has a total shareholder equity of SEK12.5M and total debt of SEK10.0M, which brings its debt-to-equity ratio to 80.3%. Its total assets and total liabilities are SEK30.3M and SEK17.9M respectively.
Key information
80.3%
Debt to equity ratio
kr10.00m
Debt
| Interest coverage ratio | n/a |
| Cash | kr3.20m |
| Equity | kr12.46m |
| Total liabilities | kr17.89m |
| Total assets | kr30.35m |
Financial Position Analysis
Short Term Liabilities: NOWO's short term assets (SEK11.2M) do not cover its short term liabilities (SEK17.9M).
Long Term Liabilities: NOWO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NOWO's net debt to equity ratio (54.6%) is considered high.
Reducing Debt: Insufficient data to determine if NOWO's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NOWO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NOWO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.6% each year