Nightingale Health Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Nightingale Health Oyj has a total shareholder equity of €90.3M and total debt of €1.5M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are €97.0M and €6.7M respectively.
Key information
1.7%
Debt to equity ratio
€1.49m
Debt
| Interest coverage ratio | n/a |
| Cash | €72.61m |
| Equity | €90.31m |
| Total liabilities | €6.73m |
| Total assets | €97.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NGHL.F's short term assets (€74.1M) exceed its short term liabilities (€5.2M).
Long Term Liabilities: NGHL.F's short term assets (€74.1M) exceed its long term liabilities (€1.5M).
Debt to Equity History and Analysis
Debt Level: NGHL.F has more cash than its total debt.
Reducing Debt: NGHL.F's debt to equity ratio has reduced from 96.6% to 1.7% 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: NGHL.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NGHL.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.