Novotek AB

OM:NTEK B Stock Report

Market Cap: SEK 686.9m

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 197.7. It has cash and short-term investments of SEK109.1M.

Key information

0%

Debt to equity ratio

SEK 0

Debt

Interest coverage ratio197.7x
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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