Novotek AB

OM:NTEK B Stock Report

Market Cap: SEK 646.6m

Novotek Balance Sheet Health

Financial Health criteria checks 6/6

Novotek has a total shareholder equity of SEK211.0M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK403.2M and SEK192.2M respectively. Novotek's EBIT is SEK52.8M making its interest coverage ratio -121.9. It has cash and short-term investments of SEK109.1M.

Key information

0%

Debt to equity ratio

SEK 0

Debt

Interest coverage ratio-121.9x
CashSEK 109.10m
EquitySEK 211.00m
Total liabilitiesSEK 192.20m
Total assetsSEK 403.20m

Recent financial health updates

No updates

Recent updates

Shareholders Will Be Pleased With The Quality of Novotek's (STO:NTEK B) Earnings

Aug 24
Shareholders Will Be Pleased With The Quality of Novotek's (STO:NTEK B) Earnings

Novotek AB (STO:NTEK B) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Mar 09
Novotek AB (STO:NTEK B) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Novotek (STO:NTEK B) Could Be Struggling To Allocate Capital

Nov 17
Novotek (STO:NTEK B) Could Be Struggling To Allocate Capital

Novotek (STO:NTEK B) Might Become A Compounding Machine

Oct 18
Novotek (STO:NTEK B) Might Become A Compounding Machine

Here's What Novotek's (STO:NTEK B) Strong Returns On Capital Mean

Mar 15
Here's What Novotek's (STO:NTEK B) Strong Returns On Capital Mean

Investors Shouldn't Overlook The Favourable Returns On Capital At Novotek (STO:NTEK B)

Nov 17
Investors Shouldn't Overlook The Favourable Returns On Capital At Novotek (STO:NTEK B)

Here's What Novotek's (STO:NTEK B) Strong Returns On Capital Mean

May 31
Here's What Novotek's (STO:NTEK B) Strong Returns On Capital Mean

Should Novotek AB (STO:NTEK B) Be Part Of Your Dividend Portfolio?

Mar 08
Should Novotek AB (STO:NTEK B) Be Part Of Your Dividend Portfolio?

A Look Into Novotek's (STO:NTEK B) Impressive Returns On Capital

Feb 15
A Look Into Novotek's (STO:NTEK B) Impressive Returns On Capital

Are Strong Financial Prospects The Force That Is Driving The Momentum In Novotek AB's STO:NTEK B) Stock?

Jan 20
Are Strong Financial Prospects The Force That Is Driving The Momentum In Novotek AB's STO:NTEK B) Stock?

We Think Novotek's (STO:NTEK B) Statutory Profit Might Understate Its Earnings Potential

Dec 31
We Think Novotek's (STO:NTEK B) Statutory Profit Might Understate Its Earnings Potential

Novotek (STO:NTEK B) Has Gifted Shareholders With A Fantastic 205% Total Return On Their Investment

Dec 10
Novotek (STO:NTEK B) Has Gifted Shareholders With A Fantastic 205% Total Return On Their Investment

Financial Position Analysis

Short Term Liabilities: NTEK B's short term assets (SEK227.0M) exceed its short term liabilities (SEK162.5M).

Long Term Liabilities: NTEK B's short term assets (SEK227.0M) exceed its long term liabilities (SEK29.7M).

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.

Balance Sheet

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