Nowonomics Balance Sheet Health
Financial Health criteria checks 3/6
Nowonomics has a total shareholder equity of SEK25.7M and total debt of SEK7.0M, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are SEK38.8M and SEK13.1M respectively.
Key information
27.2%
Debt to equity ratio
SEK 7.00m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 17.63m |
| Equity | SEK 25.70m |
| Total liabilities | SEK 13.09m |
| Total assets | SEK 38.79m |
Financial Position Analysis
Short Term Liabilities: NOWO's short term assets (SEK21.7M) exceed its short term liabilities (SEK13.1M).
Long Term Liabilities: NOWO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NOWO has more cash than its total debt.
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 19.2% each year