NORMA Group Balance Sheet Health
Financial Health criteria checks 4/6
NORMA Group has a total shareholder equity of €711.6M and total debt of €480.8M, which brings its debt-to-equity ratio to 67.6%. Its total assets and total liabilities are €1.5B and €803.9M respectively. NORMA Group's EBIT is €79.6M making its interest coverage ratio 2.9. It has cash and short-term investments of €145.7M.
Key information
67.6%
Debt to equity ratio
€480.79m
Debt
Interest coverage ratio | 2.9x |
Cash | €145.66m |
Equity | €711.62m |
Total liabilities | €803.86m |
Total assets | €1.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NOEJ's short term assets (€613.5M) exceed its short term liabilities (€274.5M).
Long Term Liabilities: NOEJ's short term assets (€613.5M) exceed its long term liabilities (€529.4M).
Debt to Equity History and Analysis
Debt Level: NOEJ's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: NOEJ's debt to equity ratio has reduced from 92.8% to 67.6% over the past 5 years.
Debt Coverage: NOEJ's debt is well covered by operating cash flow (32.4%).
Interest Coverage: NOEJ's interest payments on its debt are not well covered by EBIT (2.9x coverage).