Nobia Balance Sheet Health
Financial Health criteria checks 1/6
Nobia has a total shareholder equity of SEK4.1B and total debt of SEK3.1B, which brings its debt-to-equity ratio to 75.7%. Its total assets and total liabilities are SEK13.2B and SEK9.1B respectively.
Key information
75.7%
Debt to equity ratio
kr3.14b
Debt
Interest coverage ratio | n/a |
Cash | kr244.00m |
Equity | kr4.15b |
Total liabilities | kr9.06b |
Total assets | kr13.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NBIA.Y's short term assets (SEK3.7B) exceed its short term liabilities (SEK3.4B).
Long Term Liabilities: NBIA.Y's short term assets (SEK3.7B) do not cover its long term liabilities (SEK5.7B).
Debt to Equity History and Analysis
Debt Level: NBIA.Y's net debt to equity ratio (69.8%) is considered high.
Reducing Debt: NBIA.Y's debt to equity ratio has increased from 20.4% to 75.7% over the past 5 years.
Debt Coverage: NBIA.Y's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: Insufficient data to determine if NBIA.Y's interest payments on its debt are well covered by EBIT.