Nordic LEVEL Group AB (publ.) Balance Sheet Health
Financial Health criteria checks 3/6
Nordic LEVEL Group AB (publ.) has a total shareholder equity of SEK200.7M and total debt of SEK72.9M, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are SEK389.6M and SEK188.9M respectively.
Key information
36.3%
Debt to equity ratio
SEK 72.93m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 15.64m |
| Equity | SEK 200.69m |
| Total liabilities | SEK 188.91m |
| Total assets | SEK 389.60m |
Recent financial health updates
Nordic LEVEL Group AB (publ.) (STO:LEVEL) Is Making Moderate Use Of Debt
Nov 16
Does Nordic LEVEL Group AB (publ.) (STO:LEVEL) Have A Healthy Balance Sheet?
Jun 05Is Nordic LEVEL Group AB (publ.) (STO:LEVEL) A Risky Investment?
Feb 14Is Confidence International AB (publ.) (STO:CONF) A Risky Investment?
Aug 01Is Confidence International AB (publ.) (STO:CONF) A Risky Investment?
Mar 22Recent updates
Nordic LEVEL Group AB (publ.) (STO:LEVEL) Is Making Moderate Use Of Debt
Nov 16There's Been No Shortage Of Growth Recently For Nordic LEVEL Group AB (publ.)'s (STO:LEVEL) Returns On Capital
Aug 24We Don’t Think Nordic LEVEL Group AB (publ.)'s (STO:LEVEL) Earnings Should Make Shareholders Too Comfortable
Jun 06Does Nordic LEVEL Group AB (publ.) (STO:LEVEL) Have A Healthy Balance Sheet?
Jun 05Investors Still Aren't Entirely Convinced By Nordic LEVEL Group AB (publ.)'s (STO:LEVEL) Revenues Despite 28% Price Jump
Apr 30There's Been No Shortage Of Growth Recently For Nordic LEVEL Group AB (publ.)'s (STO:LEVEL) Returns On Capital
Mar 12Investors Continue Waiting On Sidelines For Nordic LEVEL Group AB (publ.) (STO:LEVEL)
Feb 06Investors Holding Back On Nordic LEVEL Group AB (publ.) (STO:LEVEL)
Sep 02Is Nordic LEVEL Group AB (publ.) (STO:LEVEL) A Risky Investment?
Feb 14Is Confidence International AB (publ.) (STO:CONF) A Risky Investment?
Aug 01Is Confidence International AB (publ.) (STO:CONF) A Risky Investment?
Mar 22Have Confidence International AB (publ.) (STO:CONF) Insiders Been Selling Their Stock?
Jan 27
How Many Confidence International AB (publ.) (STO:CONF) Shares Have Insiders Sold, In The Last Year?
Dec 16Financial Position Analysis
Short Term Liabilities: LEVEL's short term assets (SEK141.1M) do not cover its short term liabilities (SEK147.6M).
Long Term Liabilities: LEVEL's short term assets (SEK141.1M) exceed its long term liabilities (SEK41.3M).
Debt to Equity History and Analysis
Debt Level: LEVEL's net debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: LEVEL's debt to equity ratio has reduced from 40.2% to 36.3% 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: LEVEL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LEVEL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.