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
Does NORMA Group (ETR:NOEJ) Have A Healthy Balance Sheet?
Mar 28
These 4 Measures Indicate That NORMA Group (ETR:NOEJ) Is Using Debt Extensively
Mar 29NORMA Group (ETR:NOEJ) Takes On Some Risk With Its Use Of Debt
Sep 20We Think NORMA Group (ETR:NOEJ) Can Stay On Top Of Its Debt
Apr 29NORMA Group (ETR:NOEJ) Has A Pretty Healthy Balance Sheet
Dec 15Does NORMA Group (ETR:NOEJ) Have A Healthy Balance Sheet?
May 07Recent updates
NORMA Group SE (ETR:NOEJ) Shares Could Be 47% Below Their Intrinsic Value Estimate
Aug 07Some Investors May Be Worried About NORMA Group's (ETR:NOEJ) Returns On Capital
Jun 16Does NORMA Group (ETR:NOEJ) Have A Healthy Balance Sheet?
Mar 28NORMA Group's (ETR:NOEJ) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Mar 08NORMA Group (ETR:NOEJ) Could Be Struggling To Allocate Capital
May 26These 4 Measures Indicate That NORMA Group (ETR:NOEJ) Is Using Debt Extensively
Mar 29NORMA Group (ETR:NOEJ) Is Finding It Tricky To Allocate Its Capital
Jan 10NORMA Group (ETR:NOEJ) Takes On Some Risk With Its Use Of Debt
Sep 20We Think NORMA Group (ETR:NOEJ) Can Stay On Top Of Its Debt
Apr 29NORMA Group (ETR:NOEJ) Will Pay A Larger Dividend Than Last Year At €0.75
Mar 26NORMA Group's (ETR:NOEJ) Returns On Capital Not Reflecting Well On The Business
Jan 05NORMA Group (ETR:NOEJ) Has A Pretty Healthy Balance Sheet
Dec 15NORMA Group SE's (ETR:NOEJ) Intrinsic Value Is Potentially 86% Above Its Share Price
Jun 04Does NORMA Group (ETR:NOEJ) Have A Healthy Balance Sheet?
May 07Looking For Steady Income For Your Dividend Portfolio? Is NORMA Group SE (ETR:NOEJ) A Good Fit?
Mar 30Do Institutions Own NORMA Group SE (ETR:NOEJ) Shares?
Mar 15Here's Why NORMA Group's (ETR:NOEJ) Statutory Earnings Are Arguably Too Conservative
Feb 22Is NORMA Group (ETR:NOEJ) Using Too Much Debt?
Feb 03
The Trends At NORMA Group (ETR:NOEJ) That You Should Know About
Jan 16If You Had Bought NORMA Group's (ETR:NOEJ) Shares Three Years Ago You Would Be Down 26%
Dec 29Estimating The Fair Value Of NORMA Group SE (ETR:NOEJ)
Dec 11Here's Why We Think NORMA Group's (ETR:NOEJ) Statutory Earnings Might Be Conservative
Nov 23Financial 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).