NN Group Balance Sheet Health
Financial Health criteria checks 3/6
NN Group has a total shareholder equity of €21.2B and total debt of €12.0B, which brings its debt-to-equity ratio to 56.5%. Its total assets and total liabilities are €205.2B and €184.0B respectively. NN Group's EBIT is €1.6B making its interest coverage ratio 399.8. It has cash and short-term investments of €59.2B.
Key information
56.5%
Debt to equity ratio
€11.99b
Debt
| Interest coverage ratio | 399.8x |
| Cash | €59.16b |
| Equity | €21.21b |
| Total liabilities | €183.99b |
| Total assets | €205.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NN's short term assets (€66.9B) exceed its short term liabilities (€1.5B).
Long Term Liabilities: NN's short term assets (€66.9B) do not cover its long term liabilities (€182.5B).
Debt to Equity History and Analysis
Debt Level: NN has more cash than its total debt.
Reducing Debt: NN's debt to equity ratio has increased from 34% to 56.5% over the past 5 years.
Debt Coverage: NN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NN's interest payments on its debt are well covered by EBIT (399.8x coverage).