Novotek Balance Sheet Health
Financial Health criteria checks 5/6
Novotek has a total shareholder equity of SEK190.8M and total debt of SEK12.8M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are SEK537.2M and SEK346.4M respectively. Novotek's EBIT is SEK66.7M making its interest coverage ratio 249.8. It has cash and short-term investments of SEK109.2M.
Key information
6.7%
Debt to equity ratio
SEK 12.80m
Debt
| Interest coverage ratio | 249.8x |
| Cash | SEK 109.20m |
| Equity | SEK 190.80m |
| Total liabilities | SEK 346.40m |
| Total assets | SEK 537.20m |
Recent financial health updates
No updates
Recent updates
Novotek AB's (STO:NTEK B) Low P/E No Reason For Excitement
Nov 12
Shareholders Will Be Pleased With The Quality of Novotek's (STO:NTEK B) Earnings
Aug 24Novotek 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 15
Are 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 (SEK319.2M) exceed its short term liabilities (SEK274.8M).
Long Term Liabilities: NTEK B's short term assets (SEK319.2M) exceed its long term liabilities (SEK71.6M).
Debt to Equity History and Analysis
Debt Level: NTEK B has more cash than its total debt.
Reducing Debt: NTEK B's debt to equity ratio has increased from 0% to 6.7% over the past 5 years.
Debt Coverage: NTEK B's debt is well covered by operating cash flow (485.1%).
Interest Coverage: NTEK B's interest payments on its debt are well covered by EBIT (249.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 10:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Novotek AB is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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