NORMA Group Balance Sheet Health
Financial Health criteria checks 4/6
NORMA Group has a total shareholder equity of €693.4M and total debt of €450.9M, which brings its debt-to-equity ratio to 65%. Its total assets and total liabilities are €1.4B and €747.5M respectively. NORMA Group's EBIT is €75.7M making its interest coverage ratio 2.8. It has cash and short-term investments of €152.1M.
Key information
65.0%
Debt to equity ratio
€450.89m
Debt
| Interest coverage ratio | 2.8x |
| Cash | €152.08m |
| Equity | €693.44m |
| Total liabilities | €747.47m |
| Total assets | €1.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NOEJ's short term assets (€570.2M) exceed its short term liabilities (€242.8M).
Long Term Liabilities: NOEJ's short term assets (€570.2M) exceed its long term liabilities (€504.6M).
Debt to Equity History and Analysis
Debt Level: NOEJ's net debt to equity ratio (43.1%) is considered high.
Reducing Debt: NOEJ's debt to equity ratio has reduced from 93.3% to 65% over the past 5 years.
Debt Coverage: NOEJ's debt is well covered by operating cash flow (37.3%).
Interest Coverage: NOEJ's interest payments on its debt are not well covered by EBIT (2.8x coverage).