Nordic Waterproofing Holding Balance Sheet Health
Financial Health criteria checks 5/6
Nordic Waterproofing Holding has a total shareholder equity of SEK1.8B and total debt of SEK912.6M, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are SEK3.7B and SEK1.9B respectively. Nordic Waterproofing Holding's EBIT is SEK275.7M making its interest coverage ratio 4. It has cash and short-term investments of SEK125.1M.
Key information
49.6%
Debt to equity ratio
SEK 912.60m
Debt
| Interest coverage ratio | 4x |
| Cash | SEK 125.10m |
| Equity | SEK 1.84b |
| Total liabilities | SEK 1.86b |
| Total assets | SEK 3.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9ZQ's short term assets (SEK1.6B) exceed its short term liabilities (SEK843.6M).
Long Term Liabilities: 9ZQ's short term assets (SEK1.6B) exceed its long term liabilities (SEK1.0B).
Debt to Equity History and Analysis
Debt Level: 9ZQ's net debt to equity ratio (42.8%) is considered high.
Reducing Debt: 9ZQ's debt to equity ratio has reduced from 63.3% to 49.6% over the past 5 years.
Debt Coverage: 9ZQ's debt is well covered by operating cash flow (43.7%).
Interest Coverage: 9ZQ's interest payments on its debt are well covered by EBIT (4x coverage).