Novotek Balance Sheet Health
Financial Health criteria checks 6/6
Novotek has a total shareholder equity of SEK204.9M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK438.7M and SEK233.9M respectively. Novotek's EBIT is SEK48.0M making its interest coverage ratio 84.6. It has cash and short-term investments of SEK102.1M.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | 84.6x |
Cash | kr102.08m |
Equity | kr204.89m |
Total liabilities | kr233.86m |
Total assets | kr438.75m |
Recent financial health updates
No updates
Recent updates
Novotek AB (STO:NTEK B) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Mar 09Novotek (STO:NTEK B) Could Be Struggling To Allocate Capital
Nov 17Novotek (STO:NTEK B) Might Become A Compounding Machine
Oct 18Here's What Novotek's (STO:NTEK B) Strong Returns On Capital Mean
Mar 15Investors Shouldn't Overlook The Favourable Returns On Capital At Novotek (STO:NTEK B)
Nov 17Here's What Novotek's (STO:NTEK B) Strong Returns On Capital Mean
May 31Should Novotek AB (STO:NTEK B) Be Part Of Your Dividend Portfolio?
Mar 08A Look Into Novotek's (STO:NTEK B) Impressive Returns On Capital
Feb 15Are Strong Financial Prospects The Force That Is Driving The Momentum In Novotek AB's STO:NTEK B) Stock?
Jan 20We Think Novotek's (STO:NTEK B) Statutory Profit Might Understate Its Earnings Potential
Dec 31Novotek (STO:NTEK B) Has Gifted Shareholders With A Fantastic 205% Total Return On Their Investment
Dec 10Financial Position Analysis
Short Term Liabilities: NTEK B's short term assets (SEK264.4M) exceed its short term liabilities (SEK194.4M).
Long Term Liabilities: NTEK B's short term assets (SEK264.4M) exceed its long term liabilities (SEK39.5M).
Debt to Equity History and Analysis
Debt Level: NTEK B is debt free.
Reducing Debt: NTEK B has not had any debt for past 5 years.
Debt Coverage: NTEK B has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NTEK B has no debt, therefore coverage of interest payments is not a concern.